News Byte

China Cracks Down on Microblogs

Continuing Chinese government efforts to control social networking led to the abrupt closing of dozens of blogs on Wednesday, according to the AP. The crackdown affected microblogs as well, in a move that highlights the growing popularity of the format to spread information quickly and succinctly. The closing affected blogs on the services Sohu.com, Netease, Tencent and Sina.

Voices

Chinese Action–the Virtual Kind–in U.S. Stocks

Sohu.com, one of China’s largest Internet companies, hopes U.S. investors like its hack-and-slash videogames enough to give it as much as $120 million. The Beijing-based company filed this week for an initial public offering of American depositary shares for its online game subsidiary, Changyou.com, on the Nasdaq Stock Market. The company started its road show presentations for investors in Hong Kong Wednesday, and will issue the price of the deal in the coming week, said company executives.