A new report issued by a Chinese government-funded research organization states Facebook and Western social networking sites pose spy risks, and these problems should make social media mavens worry about possible clampdowns on social networking sites in China.

Following the announcement of the closure of its social networking service Yahoo Guanxi a few days ago, China Yahoo has now announced on its official forum that it will shut its space service on October 30, 2009.

The audience for traditional media is reducing and aging gradually. However, the website KAIXIN001.COM has attracted a large number of young people like white-collars and college students with daily PV of more than 1 billion. Shanghai Media Group (SMG) is trying to broadcast its TV programs in KAIXIN001 so at to  get back the losing young audience.

Recently, Google Inc. (Google) launched its multimedia ads builder. It is reported that this builder has adopted many good features of other ads builders. It contains rich template that users can  easily create eye-catching multi-media ads without hiring a professional design team.

The World Digital Library will make available on the Internet, free of charge and in multilingual format, significant primary materials from cultures around the world, including manuscripts, maps, rare books, musical scores, recordings, films, prints, photographs, architectural drawings, and other significant cultural materials

Recently, LinnYanhan, founder of TIANJI.COM, the nation's largest network of business social networking site, formally announced that the TIANJI and Europe's largest SNS site Viadeo mergered,

Kaixin.com owned by China InterActive Corp or CIAC has quietly issued a new LOGO today. Differing from the former designing that was Star & KaiXinWang (in Chinese characters), the new LOGO is highlighting the domain name of kaixin.com, a step that means the nicknamed copycatting version, kaixin.com, and its genuine version, kaixin001.com, will carry out a fierce competition against each other

Tianji Media Group and the Enterprise Solutions Group of American 1105 Media Corp has signed a content authorization agreement, drawing the curtain for the cross-board cooperation over high level IT technologies and content resources between two leading internet media companies of this industry. 1105 Media Corp is a leading media that is targeted at the enterprises’ market, and five IT technical websites owned by 1105 Media Corp get involved in this cooperation.

Sichuan Baijia Food Co. Ltd, China’s largest instance sweet potato noodle enterprise, will march into the new business model of direct network sale at the end of this month. Baijia Food is planning to invest some ￥2mn to 3mn (around $292,000 to $438,000) to build the first direct network sale system in the foodstuff industry within two years.

Taobao.com recently is recruiting working stuff to research & develop and operate the SNS product, TAO JIANG HU, which means that taobao.com is strengthening its input in SNS. Now they are hunting for those who are experienced in operating products like BBS and blog, particularly products of SNS.

The nationally famous community tianya.com is now trying to expand its sources of income, with the attention to convert the investor and the industry’s impression that the traditional forum could hardly make profits. TIANYA.CN will, within this year, issue the accurate marketing advertisement system that is jointly developed with Google. It also has established brand zones with 7 Days Inn, Masa Maso, and yihaodian.com, etc, having a try of the set-in internet advertisements.

Yoyv.com is a vertical Web2.0 website that is oriented at tourism interactive platform. Its core principle is to get valuable information from users’ interaction and sharing. There exist many distinctions: this website will first integrate and then present all the tourism information shared by users, covering the many tour guides of the destination,

The video website YOUKU.COM announced its new copyright marketing mode, Premiere Playhouse. Under the banner of Online TV station, YOUKU.COM claimed that it would study the cooperation between TV stations and filmmakers or TV series makers,

Taobao.com is going to establish a strategic cooperation relationship with 9YOU.COM, an operator of interactive entertainment community 2.0, so as to explore deep into the originally new internet marketing model—paid “Taobao Salesmen”, which is supposed to provide up to one hundred thousand job opportunities.

AIQINGHE.COM, a nationwide marriage and love and social networking website, is formally revised as HAOZIXUN.COM, symbolizing a successful switch from a marriage and love and social networking website to one that focuses on all kinds of life information.

The newly-revised ZHONG.CN came into the market on 16 of this month. Three module settings are added, all-roundly upgrading the utility value of the product and the using experience of users.

ChinaByte.COM, a website under Tianji Media Group, irecently launched the beta-version of its Social Networking Service or SNS, MY.CHINABYTE.COM. Tianji therefore became the first professional IT website that sets foot on SNS.

A new social networking community, MY.CHINABYTE.COM, built by the Tianji Media Group-owned ChinaByte, is going live soon.

As a representative of the original video platforms of China, KU6.COM is quite unique in building China's first Girls' Originally-Composed Video Platform. At the very beginning of New Year, KU6 conducted a brand-new revision to Girls' Channel.

ZHONGSOU signed a cooperation agreement with APABI, a Founder-owned professional provider of digital publication technology and product, to establish a joint venture company.