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VIDEO: 'Business angels' fund French firms

2013-06-04 11:23:03| BBC News | Business | UK Edition

Small businesses are vital to generate much-needed jobs in France, but as in other countries, many start up firms find it difficult to get financing.

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Baidu acquires online video business of PPS for USD 370 mln

2013-05-07 05:51:00| Telecompaper Headlines

(Telecompaper) Chinese search services provider Baidu has acquired the online video business of internet video provider PPS for USD 370 million. Baidu and PPS expect the transaction to close in the second quarter, subject to customary closing conditions. Upon completion, PPS's online video business will be merged with Baidu's own video platform iQiyi. PPS will continue to operate as a sub-brand of iQiyi. The merger will generate synergies and will provide for an improved user experience as well as more content, Baidu said. After the acquisition, Gong Yu will continue to be CEO of iQiyi. Zhang Hongyu and PPS president Xu Weifeng will serve as co-presidents at iQiyi, and will be in charge of the PPS sub-brand and new business development.

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Baidu acquires PPStream online video business for $370m

2013-05-07 02:00:00| Total Telecom industry news

Deal sees Chinese Internet giant become one of the country's biggest online video providers.

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Time Warner Cable Business Class Adds Another HD Video Solution for Hospitality

2013-03-07 21:53:17| Telecom - Topix.net

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Video: Snap-On CEO Says Aging Cars 'Good Business for Us'

2013-02-22 22:58:33| Appliances - Topix.net

Nicholas Pinchuk, chief executive officer at Snap-On Inc., talks about the outlook for the automotive repair market and the company's sales of tools and equipment.

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