Chinese Internet company Tencent and China Network Television have jointly announced a strategic partnership for a comprehensive social media and microblogging cooperation.

The Internet video channel of the Chinese Internet portal Sohu.com and the Taiwan-based PC maker Asus have jointly announced that the two parties have formed a strategic partnership for a video service.

Proving that fairness ends at the Great Firewall, Chinese video website Tudou.com announced that it has reached agreement with China Telecom to increase the video upload speed on Tudou.com for users in Shanghai.

Chinese Internet video website Tudou.com has announced that it has created a joint venture with another Internet video website, Letv.com, in Shanghai.

Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for USD80 million in cash.

The Chinese electronics and information industry group Hisense has announced in Beijing that following the start of its strategic transformation to the intelligent product sector, the company has launched its first personal intelligent TV product named I-TV in China.

Tudou means potato in Mandarin Chinese, and online video website Tudou.com's market debut today showed the company was more of a couch potato as it lazily watched its overvalued aspirations sink on the first day of trading.

Chinese online video website Tudou.com has updated its filings with the U.S. Securities and Exchange Commission for a planned initial public offering this week.

Chinese information technology company Hasee and the Internet video website Qiyi.com have jointly announced in Beijing that the two parties have reached strategic cooperation, and Hasee will invest CNY30 million to place advertisements on Qiyi.com.

China-based Xunlei Limited, a digital media content platform, announced it plans to sell 7.6 million American Depositary Shares in its initial public offering on Nasdaq.

Amid a thunderous drop in Chinese companies' market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China.

Chinese Internet video company Letv.com has announced that it will invest about CNY6.3 million to set up wholly-owned subsidiaries in Hong Kong and Taiwan to expand the overseas market and improve its visibility.

Earlier this month, Chinese online video website Ku6.com announced it was downsizing staff by up to 20%. But now local media reports state those layoffs are not legal.

Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped.

Chinese Internet video website Ku6.com has announced that to simplify operations, control costs, and improve efficiency, the company has decided to restructure its sales department.