China's Shanda Games announced they have appointed Qian Donghai, former senior vice president for business development of Shanda Games, as the new president.

Chinese Internet company Renren Inc. will adjust its organizational structure and business clusters, and establish an independent wireless business division.

China's Game Industry Annual Conference 2012 was just held in Suzhou and the comprehensive Chinese game industry report for 2012 was released during the conference.

Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.

Chinese online game developer and operator Shanda Games and Japanese video game develop Square Enix jointly held a press conference in Seoul, South Korea, to announce that the two parties will implement strategic cooperation in mobile game sector.

Chinese Internet company NetEase.com has confirmed that its game channel has been separated from its portal system and merged into the company's game business department.

Blizzard Entertainment and NetEase.com, the operator for World of Warcraft in mainland China, have jointly announced that Mists of Pandaria, the fourth expansion of World of Warcraft, will open in mainland China on October 2, 2012, realizing global synchronization for the first time.

Social networking site Renren.com announced that it will work with Singapore game developer Nubee to jointly provide Nubee's Japan Life to users of Renren.com in China.

Ma Mingzhe, chairman of Ping An Insurance (Group) Company of China, Ltd, confirmed to Chinese local media that the company has cooperated with Alibaba Group and Tencent Group in the establishment of a new insurance joint venture for Chinese consumers.

Chinese software provider Kingsoft's performance report for the second quarter of 2012 shows that its operating revenue reached CNY320 million, a year-on-year increase of 23%; and its net profit was CNY120 million, a year-on-year increase of 11.8%.

Taiwanese smartphone maker HTC announced that its investment in the cloud gaming service provider OnLive will lead to losses of USD40 million.

Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg's office in San Francisco that the company plans to launch its initial public offering in 2013.

Wang Xiaochuan, chief executive officer of Sogou.com, said that the company's revenue from search engine, website navigation, and games were USD22 million, USD7 million, and USD1 million, respectively, in the second quarter of 2012.

Online game company Blizzard Entertainment Inc. says there was unauthorized access to some Battle.net account information, but Chinese players appear unmolested.

Chinese Internet company NetEase.com has a new online game accelerator product named UU, and the company said it will provide the service to users for free.