Chinese online game developer and publisher Shanda Games Limited announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2009, and stated net revenues increased 39% year-over-year and 5% quarter-over-quarter to a record high of CNY1.33 billion.

Chinese Internet company NetEase.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009, and showed large annualized and sequential revenue increases.

9you.com, one of the top ten online games operators in China, said that it will operate ten new computer games in 2010.

According to ifeng.com, an initiative has been launched in China to enable parents to supervise computer games that their children play.

Chinese Internet media company NetEase.com Inc. now has approval to run its World of Warcraft expansion game in China.

Chinese online media company Sohu.com Inc.'s revenues rose 12% year-on-year in the last quarter, according to its newly-reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.

Chinese wireless value-added services firm KongZhong Corporation has issued an update on schemes within the Chinese mobile sector following the company's press release last month in which it expected a downturn caused by a suspension of telecommunications billing in China.

Just a week after announcing that its revenue would be greatly impacted by new anti-pornography wireless messaging rules in China, Chinese wireless-value added services firm KongZhong Corporation has now announced a deal to pay up to USD80 million for a Chinese online game company.

Can you believe it's already been 10 years!? ChinaTechNews.com, and its previous incarnations of China Internet Forum and China Internet Update, started in 1999 and burst out onto the scene in a big way in 2000 — we have witnessed the entire decade of technology tribulations and techno-fads in China!

Proving that Internet business models in China can come and go at the whim of a Chinese government agency, a new government edict states NetEase.com has no authority to operate the World of Warcraft and the company should immediately stop charging users to play the game.

Chinese online game developer Giant Interactive Group Inc. has signed an agreement with Russia's Astrum Nival LLC to grant a license to Astrum Nival to operate ZT Online in the Russian Federation and other Russian speaking territories.

A law firm in the United States is going after Chinese online gaming firm The9 in a new class action lawsuit claiming that The9's executives made inaccurate statements about the company's financial situation.

Taking advantage of the weeklong national holiday in China, online game development company Giant Interactive Group Inc. has tried to sneak through a press release that should cause alarm for investors.

Feeding an appetite in the West for Chinese Internet company stocks, a new initial public offering is ready to ignite.

Chinese online game developer Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2009.