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Rumor: Baidu to Launch Independent Mobile Literature Brand

National Business Daily, 1/09/14

According to an industry insider, Chinese internet company Baidu (Nasdaq: BIDU) is preparing to establish an independent "Baidu Literature" brand, a subsidiary of the company's mobile cloud business division. Read More

Rumor: Baidu Invests in C2C Education Platform Chuanke

Tencent Tech, 12/05/13

According to an industry insider, Chuangke Computing, operator of C2C online education platform Chuanke, received a USD 7-digit strategic investment from Chinese internet company Baidu (Nasdaq: BIDU) in July. Read More

Rumor: Baidu to Launch Account Balance VAS Product

Beijing Morning Post, 10/17/13

According to an industry insider, Chinese internet company Baidu (Nasdaq: BIDU) has partnered with fund management firm China Asset Management to develop an account balance VAS service, to be launched as early as the end of October. Read More

Group Collaboration Tool Teambition Lands Series Pre-A Funding

36Kr.com, 6/06/13

Shanghai-based Huiyi Information Technology, developer of group collaboration and project management software Teambition, announced recently that it received a RMB 7-figure sum in Pre-Series A funding from Gobi Partners in March 2013. Read More

Rumor: Ex-Qidian Team to Provide Content for Tencent Book Channel

Sina Tech, 5/06/13

An industry source revealed on May 6 that a team of former employees of online literature site Qidian (a subsidiary of Shanda Interactive's online literature arm Shanda Cloudary) led by Qidian founder Wu Wenhui recently received investment from Tencent (0700.HK). Read More

Rumor: China Mobile Selects Four 4G Smartphone Vendors

Tencent Tech, 5/02/13

An industry source has informed Tencent Tech that the results of China Mobile's (NYSE: CHL; 0941.HK) recently announced 4G terminal tender for smartphones have been determined early, and that seven products from terminal vendors Huawei, ZTE (0763.HK; 000063.SZ), China Wireless Technologies (2369.HK) subsidiary Yulong Computer Telecommunication (Coolpad), and Samsung, have been selected. Read More

Rumor: Baidu to Establish Online Literature Site

Sohu IT, 4/11/13

Chinese internet company Baidu (Nasdaq: BIDU) is reportedly seeking to hire editors departing online literature site Qidian, a subsidiary of Shanda Interactive's online literature arm Shanda Cloudary, and is attempting to lure away Qidian authors with higher offers as part of a plan to set up its own online literature site. Read More

Baidu Wenku Fined RMB 145K for Copyright Infringement

DoNews, 9/17/12

Beijing Haidian District People's Court has ruled in a lawsuit brought by the Writers Legal Rights Protection Coalition against Chinese internet company Baidu (Nasdaq: BIDU) that Baidu must pay RMB 145,000 in damages for copyright infringement, rejecting the Coalition's request for RMB 1.81 mln in compensation. Read More

Cloudary Announces Multiple Content Distribution Partnerships

DoNews, 6/08/11

Shanda Interactive's (Nasdaq: SNDA) online literature subsidiary, Cloudary, has formed content distribution partnerships with a number of companies including Chinese e-reader and handwriting input peripherals manufacturer Hanvon (002362.SZ), Shenzhen-based tablet manufacturer Inmid, Sina (Nasdaq: SINA) Weibo microblogs, document sharing site Docin.com, and Chinese mobile internet portal 3G.cn. Read More

Baidu, Chinese Authors Fail to Reach Agreement

Beijing Business Today, 3/25/11

The first round of talks between Chinese internet company Baidu (Nasdaq: BIDU) and a coalition of Chinese authors fell apart yesterday as the Beijing Municipal Copyright Bureau said that document sharing platform Baidu Wenku clearly abused the "safe harbor principle" and may constitute an illegal form of publishing. Read More