360 V. Tencent
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360 V. Tencent
''360 vs Tencent'' is a dispute between two Chinese IT companies, Tencent and Qihoo, over competition practices that has escalated in November 2010, and hundreds of millions of users were forced to choose sides in the dispute. It is the first anti-monopoly case to be heard by the Supreme People's Court since the Anti Monopoly Law of China was promulgated. At the time Qihoo, the producer of the anti-virus software 360 Safeguard, was a competitor of QQ Doctor, which gained 40% of the Chinese market overnight when it bundled with Tencent QQ. On September 27, 2017, Qihoo released privacy guard software that showed QQ's suspicious spying activities on its users. Tencent then responded with a fabricated report alleging that Qihoo was under investigation for ads involving pornographic websites, as that Qihoo was attempting to gain support from its competitors in the anti-virus front like Baidu, Kingsoft, and Kaspersky Lab.Later Qihoo alleged that QQ scans the installed programs in use ...
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Supreme People's Court
The Supreme People's Court of the People's Republic of China (SPC; ) is the highest court of the People's Republic of China. It hears appeals of cases from the high people's courts and is the trial court for cases about matters of national importance. The court also has a quasi-legislative power to issue judicial interpretations and adjudication rules on court procedure. According to the Chinese constitution, the Supreme People's Court is accountable to the National People's Congress, which prevents the court from functioning separately and independently of the governmental structure. The court has about 400 judges and more than 600 administrative personnel. The court serves as the highest court for the People's Republic of China and also for cases investigated by the Office for Safeguarding National Security in Hong Kong. The special administrative regions of Hong Kong and Macau have separate judicial systems based on British common law traditions and Portuguese civi ...
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High People's Court
A high people's court or higher people's court (高级人民法院) is the highest local court in the People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig .... In each province, it is subject to the "People's Congress". According to the '' Organic Law of the People's Courts of the People's Republic of China'', the courts are responsible for issues at the provincial level. National matters are handled by the Supreme People's Court. The President of each high people's court is appointed by the People's Congress. Judges are appointed by the "Standing Committee" of the People's Congress. References See also * Judicial system of China ** Local people's court Judiciary of China {{China-stub ...
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NetEase
NetEase, Inc. () is a Chinese Internet technology company providing online services centered on content, community, communications, and commerce. The company was founded in 1997 by Ding Lei. NetEase develops and operates online PC and mobile games, advertising services, email services, and e-commerce platforms in China. It is one of the largest Internet and video game companies in the world. NetEase has an on-demand music-streaming service ( NetEase Music). The company also owns several pig farms. NetEase video games include, the '' Westward Journey'' series, ''Tianxia III'', ''Heroes of Tang Dynasty Zero'', ''Ghost II'', Nostos and Onmyoji. NetEase also partnered with Blizzard to operate Chinese versions of their games, such as ''World of Warcraft'', '' StarCraft II'', and ''Overwatch'' from 2008 to 2023. History The company was founded in June 1997 by Chinese entrepreneur Ding Lei, and grew rapidly due in part to its investment in search engine technology. In 2012 the com ...
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Sohu
Sohu, Inc. () is a Chinese Internet company headquartered in the Sohu Internet Plaza in Haidian District, Beijing. Sohu and its subsidiaries offer advertising, a search engine (Sogou.com), on-line multiplayer gaming (ChangYou.com) and other services. History Sohu was founded as Internet Technologies China (ITC) in 1996 by Charles Zhang after he completed his PhD from the Massachusetts Institute of Technology and received venture capital funding from colleagues he met there. The following year, Zhang changed the name of ITC to Sohoo in homage to Yahoo! after meeting its cofounder, Jerry Yang; the name was soon after changed to Sohu to differentiate it from the American company. Sohu has been listed on NASDAQ since 2000 through a variable interest entity (VIE) based in Delaware. Sohu's Sogou.com search engine was in talks to be sold in July 2013 to Qihoo for around $1.4 billion. On September 17, 2013, it was announced that Tencent has invested $448 million for a minority sha ...
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Shenzhou Taiyue
Shenzhou may refer to: * Shenzhou, or "Divine Land", one of the Chinese names of China * Shenzhou program, a crewed spaceflight initiative by the People's Republic of China * Shenzhou (spacecraft), spacecraft from China which first carried a Chinese astronaut into orbit in 2003 * 8256 Shenzhou, Main Belt asteroid * ''Shenzhou'' (album), an album by ambient musician Biosphere * Hasee, a Chinese computer company * USS ''Shenzhou,'' a Federation starship on '' Star Trek: Discovery'' Locations * Shenzhou City in Hebei, China * Shen Prefecture, a prefecture between the 6th and 20th centuries in modern Hebei, China See also * Shen Zhou (1427–1509), Ming dynasty painter * Zhou Shen Zhou Shen (; born ), also known as Charlie Zhou, is a Chinese singer known for his ethereal voice and wide vocal range, capable of singing soprano. He is best known for his song "Big Fish", which has won 8 awards. In November 2017, Zhou releas ...
(born 1992), Chinese singer {{disambiguation, ...
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Instant Messaging
Instant messaging (IM) technology is a type of online chat allowing real-time text transmission over the Internet or another computer network. Messages are typically transmitted between two or more parties, when each user inputs text and triggers a transmission to the recipient(s), who are all connected on a common network. It differs from email in that conversations over instant messaging happen in real-time (hence "instant"). Most modern IM applications (sometimes called "social messengers", "messaging apps" or "chat apps") use push technology and also add other features such as emojis (or graphical smileys), file transfer, chatbots, voice over IP, or video chat capabilities. Instant messaging systems tend to facilitate connections between specified known users (often using a contact list also known as a "buddy list" or "friend list"), and can be standalone applications or integrated into e.g. a wider social media platform, or a website where it can for instance be used f ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is ...
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Hong Kong Dollar
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2019, the Hong Kong dollar is the ninth most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong doll ...
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Sina
Sina may refer to: Relating to China * Chin (China), or Sina (), old Chinese form of the Sanskrit name Cina () ** Shina (word), or Sina ( ja, 支那, links=no), archaic Japanese word for China ** Sinae, Latin name for China Places * Sina, Albania, or Sinë, village in Dibër County, Albania * Sina, Iran ( fa, سينا, links=no), a village in Isfahan Province, Iran * Sena, Iran (), also romanized as Sina, a village in Bushehr Province, Iran * Sina Rural District, in East Azerbaijan Province, Iran * Sina District, in San Antonio de Putina Province, Peru People * Ali Sina (activist), pseudonym of the founder of several anti-Islam and anti-Muslim websites * Sina Ashouri (born 1988), an Iranian soccer-player * Ibn Sīnā (c. 980 – 1037), Avicenna, a Persian physician, philosopher, and scientist * Elvis Sina (born 1978), an Albanian soccer-player * Jaren Sina (born 1994), Portugal-born American basketball player of Kosovar origin * Melek Sina Baydur (born 1948), Turki ...
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Case Law
Case law, also used interchangeably with common law, is law that is based on precedents, that is the judicial decisions from previous cases, rather than law based on constitutions, statutes, or regulations. Case law uses the detailed facts of a legal case that have been resolved by courts or similar tribunals. These past decisions are called "case law", or precedent. ''Stare decisis''—a Latin phrase meaning "let the decision stand"—is the principle by which judges are bound to such past decisions, drawing on established judicial authority to formulate their positions. These judicial interpretations are distinguished from statutory law, which are codes enacted by legislative bodies, and regulatory law, which are established by executive agencies based on statutes. In some jurisdictions, case law can be applied to ongoing adjudication; for example, criminal proceedings or family law. In common law countries (including the United Kingdom, United States, Canada, Aust ...
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Small But Significant And Non-transitory Increase In Price
In competition law, before deciding whether companies have significant market power which would justify government intervention, the test of small but significant and non-transitory increase in price (SSNIP) is used to define the relevant market in a consistent way. It is an alternative to ad hoc determination of the relevant market by arguments about product similarity. The SSNIP test is crucial in competition law cases accusing abuse of dominance and in approving or blocking mergers. Competition regulating authorities and other actuators of antitrust law intend to prevent market failure caused by cartel, oligopoly, monopoly, or other forms of market dominance. History In 1982 the U.S. Department of Justice Merger Guidelines introduced the SSNIP test as a new method for defining markets and for measuring market power directly. In the EU it was used for the first time in the ''Nestlé/Perrier'' case in 1992 and has been officially recognized by the European Commission i ...
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Burden Of Proof (law)
In a legal dispute, one party has the burden of proof to show that they are correct, while the other party had no such burden and is presumed to be correct. The burden of proof requires a party to produce evidence to establish the truth of facts needed to satisfy all the required legal elements of the dispute. The burden of proof is usually on the person who brings a claim in a dispute. It is often associated with the Latin maxim ''semper necessitas probandi incumbit ei qui agit'', a translation of which is: "the necessity of proof always lies with the person who lays charges." In civil suits, for example, the plaintiff bears the burden of proof that the defendant's action or inaction caused injury to the plaintiff, and the defendant bears the burden of proving an affirmative defense. The burden of proof is on the prosecutor for criminal cases, and the defendant is presumed innocent. If the claimant fails to discharge the burden of proof to prove their case, the claim will be ...
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