China moves to tame microbloggers amid censorship claims

(Reuters) - China's Sina Corp has introduced a code of conduct for users of the local version of Twitter amid accusations of censorship to rein in what has grown into a raucous online forum to air political and social grievances.

The code of conduct, first announced earlier this month, stipulates that users of Sina's Weibo microblogging site cannot post information that is against the

Walmart invests in China’s 360buy.com

Walmart, the world’s largest retailer by sales, has invested in China’s largest e-commerce consumer electronics seller, 360buy.com, in a move that underlines the growing interest of global retailers in China’s rapidly growing online market.The retailer was one of six investors in a round of funding that raised $500m for 360buy, whose rivals include Taobao, the dominant online marketplace owned by

SouFun Holdings' IPO goes through the roof

http://www.soufun.com/Shares of SouFun Holdings, an online real estate services provider, soared nearly 73 percent in the debut on the New York Stock Exchange Friday, as confidence in China's property market remains strong. Shares of the company, which controls almost half of China's online real estate advertising market, closed at $73.50, 72.9 percent above its offering price, the

Microsoft bing published illegal medical advertisements in China

China's Anti-Malicious Software Alliance announsed that many net users complaint illegal medical advertisements in Microsoft Bing. After the investigation, the China's Anti-Malicious Software Alliance says there are lots of advertisements violate the Standards for the Examination and Publication of Drug Advertisements, Regulations for the Implementation of Drug Administration Law of the People's

Tencent earned $366.4 million in Q1, net up 94%

Chinese Internet portal operator Tencent Holdings Ltd. said Wednesday its first-quarter net profit rose a better-than-expected 94% from a year earlier on higher revenue from Internet services. This figure breaks down into $278 million strictly from sales of Internet virtual goods and related services and $64.3 million from mobile sales of virtual goods and services. The remainder of Tencent's