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%.

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

Chinese application service provider UC will sue Tencent, the Chinese Internet giant, for alleged unfair competitive practices.

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 B2C e-commerce website 360buy.com has announced via its official microblog that it plans to recruit 20,000 new e-commerce talents in 2012 to meet the development demands of the company.

Chinese online media and mobile value-added services firm Sina Corporation says its profit fell more than 50% as it announced its unaudited financial results for the second quarter ended June 30, 2011.

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.

The microblog channel of Sina.com and China Telecom have signed an agreement to implement a cooperation for products based on the microblog services at Sina.com.

Chinese online and wireless media company Sina Corporation says its profit fell on higher costs as it announced its unaudited financial results for the first quarter ended March 31, 2011.

Shanda Interactive Entertainment Limited has started the beta tests of its new microblog product, Tuita.com.

Chinese social media websites are ablaze today with rumors, photos, and innuendo that at least one non-Chinese employee working for Apple was responsible for hitting customers waiting on line to buy the iPad 2 in Beijing.

Chinese Internet company Sina.com has officially launched a new domain name, weibo.com, for its microblog product, and the company has also adopted a new logo for the social media business.

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

Li Guoqing, joint president of the Chinese Internet shopping website Dangdang.com, has announced that the company will stop putting advertisements on search engine Baidu.com from April 2011 due to the recent accusation that Baidu.com is involved in literature and music piracy.

Chinese Internet company Tencent has published its annual financial report for 2010, stating that its net profit increased by 56.2% year-on-year to CNY8.054 billion.