Chinese software provider Kingsoft Corporation Limited has revealed in its financial report for the second quarter of 2011 that it has completed the acquisition of MyDrivers, a Chinese software download service provider, for up to CNY18 million.

Chinese search engine Baidu Inc. signed a digital music distribution deal in China with a company backed by Universal Music, Warner Music, and Sony Music.

Chinese online video website Youku.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.

Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative's "Notorious Markets List".

China's Ministry of Culture has published a notice stating that it will further clear the Chinese online music market and shut down irregular and illegal music websites.

China Unicom has reportedly started the public test of its online application store Wostore and the platform will be formally put into operation later this month.

Rectification of Internet audio-visual services in China has been raised to a new level and more than 530 Internet video service providers in China, including well-known BitTorrent-based download service providers like Btchina.net, have been shut down for "irregular operations".

Initiated by Sohu.com, Joy.cn, and Union Voole Technology Company, a new anti-piracy alliance that is co-founded by 110 Chinese Internet video copyright owners has been launched in Beijing.

China International Television Corporation, an affiliate of CCTV, is using the Chinese courts to fight six online video service providers, including ku6.com, 6.cn and aeeboo.com.

A development platform named xFace, which is jointly built by the China Telecom Sichuan branch and a Chengdu local technology corporation, has been launched.

International book publisher Penguin is laying groundwork for competing in the nascent Chinese e-book market with a deal signed with Beijing-based Founder Apabi Group.

China's A8 Digital Music Holdings Limited has signed a two-year cooperative agreement with HIM International Music Inc. to give A8 the transferable exclusive right to use all the songs in the HIM music bank in the mobile sector in mainland China over the next two years.

Chinese security company Rising has started a new overseas expansion plan and has launched the English edition of its Kaka Internet assistant which has been formally renamed Rising PC Doctor for overseas markets.

Google China has announced plans to cooperate with Chinese music website Top100.cn to provide free and legitimate music search service for Chinese Internet users.

According to the report on China's Internet video market for the fourth quarter of 2008 released by the market research firm Analysys International, China's Internet video sector generated CNY130.7 million in revenue during the three months, an increase of 0.5% compared with the third quarter of 2008.