Chinese Internet browser company Maxthon has announced the establishment of its U.S. branch in Silicon Valley, focusing on the technical research and marketing of its software.

Kingsoft Network, the Chinese company established by the merger of Kingsoft Internet Security Software Holdings Limited and Keniu Network, has announced plans to invest CNY30 million in a project named "Cloud Shield", and it will formally open the API of its cloud security platform to partners.

Chinese software and online game provider Kingsoft has published its annual financial report for 2009, stating that its total operating revenue for 2009 increased by 25% year-on-year to CNY1.022 billion, including 67% contributed by the online game business and 32% from software.

Chinese anti-virus solution provider Kingsoft says it will join hands with e-commerce service provider Taobao.com, online payment provider Alipay, and browser platform Maxthon to launch an online shopping security platform to meet the ever-increasing risks faced by online shoppers.

The Anti-Phishing Alliance of China has decided to cooperate with the international network security company Netcraft to jointly fight phishing and hacking websites in China.

To fight phishing websites and to further protect the legal rights and interests of Chinese Internet users, Chinese Internet security provider Kingsoft and one of China's largest third-party browser providers Maxthon have established a cooperation.

A representative from Sohu.com (SOHU) has confirmed that the Chinese Internet company plans to launch its own Internet browser product, but the detailed schedule for making it available to users has not been released.