China’s internet wunderkind in the dock over alleged fraud

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Chinese internet darling Qihoo 360 Technology has been accused by the research arm of hacktivist group Anonymous of deliberately overstating the volume of traffic to its site in order to attract advertisers, allegations which if true could see it kicked off the New York Stock Exchange.

Qihoo has had a spectacular impact on its domestic market since it broke onto the scene in 2006, and now claims there are over 410 million active users of its AV software and web browser offerings.

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Story added 3. July 2012, content source with full text you can find at link above.