Microsoft CEO Steve Ballmer has said that unbridled piracy in China is costing his company a lot of revenue, a report from the Wall Street Journal said.
In a report published on Friday, the high-profile CEO said that “We’re literally talking about an opportunity that is billions of dollars today.”
He said that the revenue of Microsoft for software used in China would be a lot more if the country had the same level of piracy policing as that of India.
He also compared the revenue …

“We are quite intrigued by opportunities in China. At the same time, we want to be quite cautious with how we approach the market”, said LinkedIn vice president Arvind Rajan, at the CHINICT Tech conference in Beijing on Thursday.

Rajan said more than one million of LinkedIn’s one hundred million members are in China, although the website is still not available in Chinese language, and the professional networking site, which made headlines this week with a spectacular debut on the New …

Apple is said to be investigating an incident at Foxconn, one of its partners in manufacturing its popular devices which include the hit iPad tablet and iPhone smartphone, after reports say that at least two workers have been killed in a blast at one of the Chinese company’s facilities.
On Friday evening, a large blast reportedly ripped through the Hongfujin Precision Electronics plant in Chengdu in Sichuan province in China killing at least two workers, the official Xinhua News Agency …

China Telecom may soon release a CDMA version of the popular iPhone smartphone in China as the company’s chairman has revealed that his company has been talking with the guys at Cupertino.
According to China Telecom Chairman Wang Xiaochu who spoke to members of the media on Friday, his company has contacted Apple about the possibility of releasing a CDMA iPhone in China.
“We’re not denying that we’re in touch with iPhone, but I cannot comment on the progress,” Wang said …

Renren, the biggest social networking website in China, raised US$743.4 million in its initial public offering with shares on the New York Stock Exchange increasing 29 percent on the first day of trading. However, many think Renren is a risky bet because it must walk a fine and shifting line in order to keep the government’s ever watchful censors happy.
 
Renren, which offers social networking, online commerce, and gaming, must run their operation while remaining in compliance with …

Baidu, China’s largest search engine, will reportedly be punished by Chinese authorities for an illicit music search and download service its provides to users of the site.

Official Chinese state news agency Xinhua reported that Baidu along with 13 other sites will be punished by the Chinese government for providing illegal music downloads services.
In a statement sent by a Baidu spokesperson to Reuters, it was revealed that the company is trying to rid its search indexes of links to illegal …

Facebook Inc. has been holding exploratory discussions with possible partners about how to gain traction in China, where a firewall blocks access to any content the government considers inappropriate, forcing users to private network services to gain access to the world’s biggest social networking website.

China currently blocks access to Facebook Twitter, and YouTube.  Google Inc., which owns YouTube, stopped offering service in China because it decided not to censor its …

Peter Fuchs / Flickr (CC BY-NC-SA)

After reports that Google has blamed the Chinese government for causing difficulties for Gmail user in the country, China has retaliated by saying that accusations made by the internet giant are unacceptable.
“This is an unacceptable accusation,” Chinese Foreign Ministry spokeswoman Jiang Yu said in a press conference, Reuters reports.
A Google spokeswoman said Monday that reports of difficulties experienced by Gmail users in China are likely caused by …

LinkedIn, the social networking website for professionals, confirmed in its last filing with U.S. financial regulators that China had blocked access to its website last month and warned that such censorship in China or in any country could slow its growth and reduce its membership numbers.

The number of LinkedIn users in China recently passed the 1 million mark.  China blocked the website last month after there were calls online for public meeting and gatherings following protests in the …

Renren, the biggest social networking website in China, is set to go public this spring with a $500 million public listing on NASDAQ and a $2-$3 billion market capitalization.  Investment bankers Morgan Stanley, Deutsche Bank, and Credit Suisse are implementing the IPO of the Chinese equivalent of Facebook, before the U.S. Facebook goes public, following the IPO of two other Chinese companies Youku (similar to YouTube) and Dangdang (similar to Amazon).

Renren is the primary brand of Oak …