Beijing-based Gaopeng.com, a group-buying portal set up on March 1, was going strong until a "lucky draw" saw it become mired in allegations of fraud that damaged the company's reputation and tarnished the booming industry.
Sony said it would begin a phased restoration of its PlayStation Network on Sunday on a country by country basis.
Sina Weibo, a Twitter-like microblog service, on Thursday announced that it had about 140 million registered users at the end of April, up from 100 million at the end of February.
Hou weigui transforms ZTE from manufacturing business into telecommunications giant
ZTE Corp, the second-largest telecom equipment maker on the mainland, has announced plans to increase its presence in international markets, the latest in a wave of Chinese high-tech companies aiming to expand globally.
Analysts are still optimistic about Jiayuan.com International Ltd, NetQin Mobile Inc, and Renren Inc, the three Chinese Internet companies that listed on the Nasdaq this month, despite shares trading well below their IPO prices.
Yahoo! Inc still has a considerable say over Alibaba Group Holding Ltd after the Chinese e-commerce giant ceded ownership of its online payment business, said analysts.
Group-buying website Gaopeng.com has acknowledged cheating on an iPhone 4 drawing through the Sina micro blog and Tencent micro blog on May 10, Beijing Business Today reported on Thursday.
About 150 million computers are used every day in China, but six out of ten computers have problems such as slow running speeds, according to a report released by a major Chinese computer security company in Beijing on Wednesday.
Qihoo 360 Technology Co, the Chinese security software provider, will invest 10 million yuan in a project to provide free computer repair services for Internet users within a year, the company said on Wednesday.
Chinese telecom companies that have expanded into overseas markets are taking an increasingly tough line in defending their intellectual property rights (IPR) and fighting off the IPR claims of overseas rivals.
The Chinese mainland and Taiwan will hold the eighth forum on information technology (IT) and standards for the sector in Taipei on June 17 and 18, a State Council Taiwan Affairs Office spokeswoman announced here Wednesday.