Business

Great Wall Cancels Digitalchina's Sole Agent Status

Great Wall Computer Company, one of China's largest domestic computer and peripheral manufacturers, announced that it will stop using Digitalchina as its sole outlet...

Vastera Managing Lucent's Trade Operations

Vastera (NASDAQ: VAST), the provider of solutions for Global Trade Management (GTM), today announced that it has signed an agreement to expand its relationship...

Shanda: $150 Million Senior Convertible Notes Offering

Shanda Interactive Entertainment (NASDAQ: SNDA), today announced its intention to raise $150 million aggregate principal amount of senior convertible notes, subject to market and...

IVNE Acquires DSI Computer Technology

InvestNet, a Hong Kong company which engages in information technology and telecommunications, today announced the successful acquisition of DSI Computer Technology Company Limited (DSI),...

Network Companies Begin Moving, Portals Withdraw >From East Beijing

By the end of 2004, Sina's two key departments--the content development office in Beijing's Wanquanhe area, and the administrative office in Beijing's Soho development--will...

Lucent Finds New China Head

Lucent Technologies today announced that Ivan Shen will join the company as Chairman of Lucent China and Vice President of Lucent Technologies.Shen joins the...

DigitalChina To Set Up JV With Foreign Financing & IT Company

DigitalChina's senior vice CEO, Hua Zhinian, and Finance Service Supervisor, Dong Qiqi, have disclosed that the company is in discussions with a foreign enterprise...

Shanghai Media Group Initiates Second Paid Television Network In China

At the end of last week, Shanghai Media Group held a grand ceremony to celebrate becoming the second paid television network provider in China.During...

Oracle Appoints New Linux Director For Greater China

Beijing Oracle (Nasdaq: ORCL) Software Systems Company Co., the China unit of the U.S. software developer Oracle Corporation, recently appointed Ted Liu general...

Bird Withdraws From Car Industry

Bird Technology, which began to take shares in Wuxi Bodywork Company of Nanjing Car Manufacturing Group last year, has withdrawn its capital from the...

One Quarter Of The Original Enterprises In Zhongguancun Face Bankruptcy

Mr. Wang Liping, director of the HR Department of Zhongguancun Management Commission, has gone on record as saying that the Zhongguancun market is currently...

HK PCCW, China Netcom Discuss Further Cooperation

According to the local press, Hong Kong PCCW Limited is in an advanced stage of discussions with China Network Communications Group Corporation (China Netcom)...

Update On chinadotcom And Ross Systems Merger

chinadotcom corporation and Ross Systems, Inc. announced yesterday that the currently scheduled closing date for the acquisition of Ross Systems by chinadotcom is 10:00...

Private Capital Allowed Entry To Digital TV Industry

An official from the State Administration of Radio, Film and Television said this week that his bureau is considering approving the entry of private...

Tom.com Denies Total Acquisition Of Xinhua Bookstores

Tom.com's recent close cooperation with Xinhua Bookstores has caused many rumors, but according to Mr. Wang Shen, CEO of Tom Group, Tom.com will not...

Better English Places India Above China For Technology Contract Acquisitions

According to latest figures and reports from the research firm Gartner, fierce competition has arisen between China and India in the IT sub-contract market.According...

Shanda Diversifies Revenue Base In Quarterly Earnings

Shanda Interactive Entertainment Limited posted gains this week for the second quarter of 2004. The company specializes in mobile entertainment and online games in...

13,000 High-Tech Businesses In Beijing

According to the Beijing Municipal Science and Technology Committee, high-tech businesses are helping to fuel economic development in Beijing, as their number has topped...

Companies Issued Chinese Digital Television Rights

Coveted licenses were dispensed to four companies to broadcast digital television. According to published reports, the licenses break the government's monopoly in the sector...

Cisco Drops Lawsuit

It is being reported that Cisco Systems has dropped its copyright lawsuit against Huawei Technologies, which it filed last year."Huawei had agreed to change...

Directors At Lenovo Group To Take 50% Pay Cut

Lenovo Group, China's largest computer maker, said last Friday it would cut directors' pay by as much as 50% following the company's disappointing performance...
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