China bans Internet anonymity

China is taking steps to abolish online anonymity by passing a law which requires citizens to identify themselves when signing up for internet and telecommunications services.

China’s Twitter-like Weibo service won’t seek an IPO, says CEO

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.