Beijing technology entrepreneurs and software firms should shut their doors and turn off the lights, as Microsoft China might be aiming at hiring away some top young talent.

Chinese online recruitment company 51job Inc. announced its unaudited financial results for the first quarter of 2011 ended March 31, 2011.

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.

Chinese online recruitment company 51job Inc. announced its unaudited financial results for the fourth quarter of 2010 and for the fiscal year ended December 31, 2010.

Chinese online recruitment firm 51job Inc. announced its unaudited financial results for the third quarter of 2010 ended September 30, 2010.

Chinese online recruitment company 51job Inc. announced its unaudited financial results for the second quarter of 2010 ended June 30, 2010, and stated total revenues increased 35.7% over the second quarter of 2009 to CNY262.4 million.

Renren.com, the social networking site owned by Oak Pacific Interactive, has launched a beta test version of its new online recruitment platform named alpha, marking Oak Pacific Interactive's entry into the Chinese online recruitment sector.

Showing that Chinese businesses were slow to hire new employees in 2009, Chinese online recruitment company 51job Inc. just revealed its unaudited financial results for the fourth quarter of 2009 and for the fiscal year ended December 31, 2009, and stated that revenues fell 5% from 2008.

Chinese online recruitment company 51job Inc. has posted its unaudited financial results for the third quarter of 2009 ended September 30, 2009.

Chinese telecom equipment maker Huawei Technologies has announced the launch of its 2009 recruitment drive.

It's a bad time to be investing in the Chinese Internet recruitment sector, as Chinese online job recruitment website company 51job Inc. announced its unaudited financial results for the second quarter of 2009 ended June 30, 2009, and showed a revenue slide for the quarter.

Chinese Internet classifieds and online job recruitment website company 51job Inc. reported its unaudited financial results for the first quarter of 2009 ended March 31, 2009, and stated total revenues decreased 24.6% year-on-year to CNY178.3 million, with both print and Internet advertising showing great declines.

51job.com, one of the leading online human resource service providers in China, has launched a nationwide platform, in cooperation with hundreds of companies, providing internship opportunities for college students.

Chinese online recruitment and classified ad service 51job Inc. says it has mutually agreed to terminate its business alliance agreement with Japan's Recruit Co. Ltd.

With rivals Zhaopin.com and ChinaHR.com posting bad financial results for last year, Chinese online recruitment company 51job Inc. now reveals that its unaudited financial results for the fourth quarter of 2008 and for the fiscal year ended December 31, 2008, show the financial crisis is truly hurting job websites in China.