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Equity incentives pulled from LeTV employees: report

StaffatLeshiZhixin,orLeTV,aChinesetelevisionmanufacturerandasubsidiaryofLeEco,weretoldthattheynolongerholdanyequityinthecompanywhichtheypreviouslyearnedfromtheg

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LeTV's founder to resign as CEO

LeTV,oneofChina'slargestonlinevideocompanies,announcedonSundaythatJiaYueting,itsfounder,willstepdownasCEOofthecompany,butwillretainthepositionofchairman.Jiasaid

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China's LeTV sues Baidu for illicit competition

Chinese online video website LeTV has filed a lawsuit against Internet giant Baidu for illicit competition, accusing the latter of blocking all advertisements while grabbing and playing the online stream of LeTV, a Beijing court said on Monday.