Information from an internal meeting of MSN China revealed that Chen Xiao, vice president of sales for MSN China, has resigned and will start his own business in the Chinese Internet sector.

China Network Television and Shanda Interactive Entertainment have reached an overall strategic cooperation and have jointly announced the implementation of resource integration in various sectors, including online video, games, film, literature, music, and other online platforms.

Chinese online and mobile media company Sina Corporation announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.

The China National Tourism Administration has signed a Tourism Promotion Close Cooperation Agreement with People.com.cn, Xinhuanet.com, CCTV.com, ce.cn and Sina.com.

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.

China's Ministry of Industry and Information Technology has issued to domain name registrars a circular which asks further work to be done to verify the registration information of websites in the coming weeks.

Shanda Literature has acquired Readnovel.com, following recent acquisitions of several other Chinese literature websites, including Qidian.com, Hongxiu.com, Jjwxc.net, and Rongshuxia.com.

According to local media reports, rival Chinese video websites Youku.com and Tudou.com have formed an alliance and jointly launched a new online video joint broadcast model, sharing the copyright of each other's exclusive videos.

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.

Over a hundred websites from China have jointly released the "China Internet Industry Copyright Self-discipline Manifesto" in Beijing.

According to reports in local media, Chinese lifestyle information website Ganji.com is planning to acquire its counterpart 263.com for over CNY10 million.

Chinese search engine firm Baidu Inc. is launching a new company to provide advertising-supported online video services in China.

Shanda Literature, the Internet literature subsidiary of Shanda Interactive Entertainment Limited, has acquired the Chinese Internet literature website Rongshu.com, with a shareholding ratio of over 51%.

Chinese video website Youku.com is riding the Chinese online video bubble with an announcement that it has just completed its latest round of financing and gained USD40 million from private equity firms.

Just days after China Mobile slammed shut the ability for wireless value-added service providers to gain revenue from their mobile services, specific Chinese technology companies have been named in the crackdown to rid China of mobile and Web-based pornography.