Tag Archives: Qihoo

Internet Society of China Published the Convention of Self-Discipline for Internet Terminal Security Service

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(By You Yunting) On December 4, 2013, Internet Society of China (the “ISC”) published the Convention of Self-Discipline for Internet Terminal Security Service (the “Convention”) in Beijing. Those eight Internet terminal security service providers, such as Tencent (0700.HK), Baidu (NASD: BIDU), QIHOO (NYSE:QIHU), Kingsoft Corporation Limited (03888.HK), RISING, Jiangmin Technology, TOPSEC and NetIQ Mobile Inc, signed on the Convention. Afterwards, there are about 23 companies, i.e. SOHU (NASDAQ:SOHU), Sogou, Xunlei and Xiaomi Technology signing related documents in favor of the Convention. The Convention, comprising of 6 chapters and 27 articles, aims to protect legal interests of users, maintain a fair and harmonious market competitive environment and promote the healthy development of internet industry.

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Dissatisfied with the First Instance Judgment, Qihoo Has Appealed in Its Anti-Monopoly Lawsuit Against Tencent

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Our website has analyzed the case filed by Qihoo (NYSE: QIHU) against Tencent (SEHK: 700) stating that Tencent’s abuse of market dominance constituted a monopoly. The first instance of the case was decided by the Guangdong High People’s Court, which denied all of Qihoo’s claims. As recently disclosed by Qihoo, the company has appealed to the Supreme People’s Court, demanding either revocation of the first instance judgment and remand for the retrial, or amendment of the first instance legal judgment based on the facts such that all of Qihoo’s claims are supported.

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