SINA

The Week's Top Technology News

Buyouts, bum guidance, and a broadening decline for a one-time tech titan top the week in review. Go inside the stories that prompted this week's big buys and sells in the nexus between Wall Street and Silicon Valley.

Why China's Rapid Online Growth Won't Help U.S. Firms

The number of people online in China is 52% greater than the entire U.S. population. But don't expect that many U.S. Internet companies will benefit from those 485 million Chinese Internet users. The sky-high stock valuations on China's native firms highlight their strong local advantage.

Meet China's Next Hot IPO

The world's most populous nation is warming up to social networking, restrictive shackles and all. Chinese social site Renren, with its 117 million users, filed to go public last week, giving stateside investors another shot to cash in on China's online revolution from the inside.