What does a massive social network following and criticizing China’s government from within get you? For Kai-fu Lee, the former head of Google in China, it was a three-day ban social networking.
Editor's Pick Xu Xiaoping, one of China’s most prominent angel investors, doesn’t think China will be able to produce its own equivalent of Steve Jobs or Bill Gates in this generation.
Japan’s DeNA and China’s Sina have teamed up to form a big mobile gaming market.
Mig33, which operates mobile social networks in emerging markets, is launching a new Twitter-like social communication service called the “Mig33 miniblog.”
In July, it was reported that Sina Corp. had turned down Digital Sky Technology (DST)’s $500m investment in Sina Weibo, a Chinese micro-blogging service. But it seems that the talk between two parties is still on going. We just heard from a reliable source that Sina finally accepted the investment from DST, an international investment firm founded by Yuri Milner. The source said the deal can ‘almost’ be confirmed:
Leaders of 10 top Chinese tech firms, including Alibaba CEO Jack Ma (pictured), have pledged to uphold the censorship and surveillance goals of the Chinese government.
Huge Chinese Internet portal Sina denied today that it has plans to launch an IPO for its popular Weibo microblogging service. Rumors have been circulating about a potential IPO and about how valuable such a move could be for Sina. However, Sina CEO Charles Chao said on stage at the GMIC (Global Mobile Internet Conference) in Beijing today that an IPO was not the best route to take with Weibo.