Tom Online (TOMO) has announced that Cisco Systems and Macromedia will acquire strategic share interests in Indiagames Ltd, a publisher of mobile games majority owned by Tom Online.

Monster.com (MNST), one of the largest human resource recruitment websites in North America, has now signed an agreement with Chinahr.com to purchase 40% of Chinahr.com stock for US$50 million. However even with this new China purchase, Monster.com still lacks its own signature website brand in China.

The Telecom Service Regulations, which had been reviewed and approved during the eighth affairs meeting of the Ministry of Information Industry (MII), took effect this week.

Semiconductor Manufacturing International Corporation's (SMI) sales decreased 14.7% in the first quarter of 2005 to $248.8 million from $291.8 million in the prior quarter. These figures came today during the company's quarterly earnings announcement.

Days before one of China's largest travel weeks begins, Ctrip.com (CTRP) has announced its unaudited financial results for the first quarter of 2005. Net revenues were US$11.7 million in the first quarter, up 51% year-on-year, and operating income was US$4.7 million in the first quarter of 2005, up 53% year-on-year.

chinadotcom corporation (CHINA) announced today that shareholders have adopted management's proposal to change the name of the company to "CDC Corporation".

Though Sohu's (SOHU) US$23.73 million Q1 2005 revenue exceeded the company's guidance, it was a decline compared to revenues of US$24.07 million for the fourth quarter ended December 31, 2004, and US$25.94 million for the first quarter ended March 31, 2004.

With support from AMD and Sun Microsystems, 35.com, one of the largest domain name registrars and enterprise email providers in China, has launched a 64-bit anti-spam email software and service.

Novell (NOVL) has signed a strategic cooperation memorandum with China Standard Software Company to promote the development and adoption of Linux in China.

Linktone (LTON) announced the appointment of a new chief financial officer, Colin Sung, and the nomination of its current chief financial officer, Mark Begert, to serve on the Linktone board of directors.

In order to hasten acceptance of the "Public Email Service Regulations" of the Internet Society of China (ISC), the first "National Email Server Administrator Training Program" was held yesterday and today in Beijing's Tsinghua University.

Quarterly results for TSMC (TSM), announced today, show a decrease in revenue, largely a result of the company's decline in wafer shipments.

Netease (NTES) has reported total revenues of US$39.6 million for the first quarter of 2005, representing a 17.9% increase over US$33.6 million for the preceding quarter, and a 57.6% increase over US$25.1 million for the corresponding period a year ago.

AsiaInfo (ASIA) says its gross revenues for the quarter ended March 31, 2005 were US$29.4 million, representing a decrease of 8% year-over-year and 9% sequentially. The company also placed Steve Zhang as AsiaInfo's Chief Executive Officer and President effective immediately.

By Perry Wu A lukewarm reception greeted China Mobile's (CHL) latest quarterly report card last week. On the face of it, the company continues to do well. Operating revenue was up 30%, and net profit climbed by 20%. But its stock price barely moved and investors seemed unimpressed.