China Internet Network Information Center has published a new statistics report, stating that there were 250 million microblog users in China by the end of 2011, a year-on-year increase of 296%.

Information from China Game Industry Annual Conference held in Xi'an, capital of Shaanxi province, revealed that the market scale of the Chinese game industry reached CNY44.61 billion in 2011, a year-on-year increase of 34%.

Chinese Internet company Tencent and China Network Television have jointly announced a strategic partnership for a comprehensive social media and microblogging cooperation.

Baihe.com, a marriage social networking website in China, has started compulsory real-name registrations for new users, and the registrations will be checked via an authentication system.

Chinese technology giant Lenovo Group held a launch ceremony in Beijing to announce a new cloud computing strategy, a new smartphone, a tablet computer, a new personal computer, and TV products.

Oracle China has launched a new recruitment program named "We are Hiring", under which the technology company will hire over 600 new employees in China to support its fast business growth in the local market.

Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for USD80 million in cash.

Chinese social networking site Kaixin001.com has announced that its group buying business, which it previously operated on its own, will transform to a third-party cooperation model.

Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for loans of between CNY200,000 and CNY400,000.

Chinese telecom equipment maker Huawei and Deutsche Telekom have signed a strategic cooperation memorandum of understanding to jointly expand services within the enterprise business market.

Swedish networking equipment maker Telefon AB L.M. Ericsson has announced that to meet the increasing demands for telecom management services in China and the world, the company will set up a new global network operating center in China.

Chinese social networking site Renren.com has reportedly formed a strategic partnership with MSN China in sectors including social networking, instant messaging service, and open platform development.

Smartphone maker HTC and the Chinese Internet company Sina.com jointly held a cross-platform brand launch meeting in Beijing to promote the first Sina microblog-themed smartphone product in China.

China-based Xunlei Limited, a digital media content platform, announced it plans to sell 7.6 million American Depositary Shares in its initial public offering on Nasdaq.

Chinese Internet social networking platform Renren Inc. announced its unaudited financial results for the first quarter ended March 31, 2011, and the company says it's not losing as much money as before.

U.S.-based CommScope Inc. has filed technology patent infringement lawsuits in China and begun legal proceedings in Brazil against Comba Telecom Systems Holdings Ltd. and its affiliates.

Chinese Internet security software provider Qihoo 360 and social networking site Renren.com have jointly announced that the two parties have formed a strategic partnership for Internet security and open platform cooperation in China.

Chinese social networking site Renren.com and Japanese human resources and Japanese media group Recruit Company Ltd. have reached an agreement to jointly establish a marriage-oriented social media platform in China.

Chinese Internet company Tencent has announced that it will implement a strategic investment in the well-known film and entertainment group Huayi Brothers Media.

In China all media is social, so Chinese Internet social media and social networking website Renren.com's initial public offering planned in a few hours should be smooth sailing. However, the departure of a company director over the weekend and recent inconsistencies in its statistics have caused concern for investors.

Ku6 Media Company Ltd., the Internet video subsidiary of Shanda Interactive Entertainment Limited, has announced that the shareholders of Pipi.cn, a leading P2P Internet video platform in China, have agreed to sell all shares to Ku6 in exchange for 2,212,114,257 Ku6 ordinary shares.

Chinese social networking site Renren.com filed plans to sell up to nearly USD675 million worth of shares in an initial public offering in the United States this year.

The Japanese social networking site Gree plans to open three new offices in Beijing, Singapore, and London, respectively, to expand its overseas markets.

According to reports in local Chinese media, the recruitment website Zhaopin.com and the interactive entertainment group Oak Pacific have jointly launched a new business-oriented social networking site, Jingwei.com, in China.

The American social networking website MySpace has cut two-thirds of its staff in China and several executives in the Chinese division have departed their positions.

A representative in charge of the planning of China Mobile's online application store Mobile Market has revealed that the company's location-based service module is currently finishing its test phase, and will be launched next month.

Chinese social networking site Renren.com has published its five annual strategic products, covering information, entertainment, and location services, and what it plans for 2011.

Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.

Beijing Second Intermediate People's Court has announced its decision for Kaixin001.com's lawsuit against Oak Pacific Interactive, which previously launched a similar social networking site as that of Kaixin001.com, asking the latter to stop using the Chinese name of "Kai Xin Wang" and pay compensation of CNY400,000 to the complainant.

Chinese online gaming firm The9 has announced that it plans to introduce the game-oriented social networking site OpenFeint into the Chinese market before the end of 2010.