Kingsoft Corporation Sues Zhou Hongwei for Defamation
| Author | China Law Digest compiled news |
On May 25, 2011, Zhou Hongwei, President and CEO of Qihoo 360 Technology Co. Ltd, published 24 micro-blog posts to reveal inside stories of Kingsoft Corporation, which caused a drop in the market value of Kingsoft Corporation by $600 million. On December 6, Kingsoft Corporation sued Zhou for defamation in the Beijing Haidian District People’s Court, for compensation of 12 million RMB.
In early 2011, Beijing Xicheng District People’s Court ordered Zhou to stop his tortious act, to delete 20 defamatory micro-blog posts, and to make a compensation of 80,000...
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