TCL Group, one of the largest Chinese television and mobile phone makers, has announced that is will cut the size of its planned share placement from CNY1.69 million to CNY1.39 billion.

The Music Copyright Society of China said at a press conference that the activity it launched in June 2008, aiming to call for suspension of advertising on Chinese search engine Baidu, has gained some success and some brands, including LG, said they currently would not put advertisements on Chinese search engine Baidu (BIDU).

Digital China, a Chinese IT service provider, has launched its B2C website xgou.com, providing IT, communications and consumer electronics products.

According to a notice released by China Telecom (CHA), the company will formally become the operator of China's CDMA network from October 1, 2008.

China Mobile (CHL) may sell the Apple iPhone handsets without 3G or Wi-Fi function in the Chinese mainland.

According to Howard Ozawa, president and CEO of Canon China, the Chinese company has become the core for Canon's global deployment and the group has launched a new strategy to complete its product coverage in the country in a short period.

Maxtv.cn, the only authorized online general agent of Ruyan, says it will sue the Chinese online auction website Taobao for illegally facilitating the sale of Ruyan's products.

Chinese search engine Baidu.com (BIDU) is gaining more footholds into the online video sector with a new investment in Internet television platform provider UiTV.

Wang Leilei, former CEO of Tom Online, will become chairman and CEO of struggling Chinese wireless value-added services firm KongZhong (KONG) from October 13, 2008 and the company's current CEO and chairman Zhou Yunfan will step down from the positions on the same day.

According to Apple's (AAPL) Hong Kong website, Apple's unlocked iPhone with 3G function has started to be sold in the company's online retail store in Hong Kong.

After a year-long preparation period, China's Xinhua Bookstore is finally starting its online sales business by cooperating with seven bookstores, including Beijing Books Building, Wangfujing Bookstore, and Zhongguancun Bookstore.

Zhejiang Alipay Internet Technology, the online payment subsidiary of e-commerce behemoth Alibaba Group, has announced that its payment website will support Mozilla's Firefox browser, making Alipay one of the first Chinese online payment platforms to fully support non-Microsoft browsers.

The State-owned Assets Supervision and Administration Commission of the State Council of China has decided to directly allocate CNY50 billion from China Mobile (CHL) to China Unicom (CHU) to reduce China Telecom's (CHA) pressure in buying the CDMA network of China Unicom while supporting the wireless network construction of China Unicom.

Tianya.cn and Babytree.com announced that the two websites has established a strategic partnership and will jointly set up a butted platform.

China's technology media reports have been awash this week with news that China might soon run out of Internet Protocol addresses, and therefore Chinese Internet users will lose their ability to get online. But now a new wave of reports say this is all exaggeration.