Tuesday, July 29, 2014   

Yahoo may move in on news network
(04-01 09:45)

Yahoo Inc is in talks to buy the online video service NDN, which could help it compete with YouTube, The Wall Street Journal reported.
Yahoo could pay US$300 million in the deal for News Distribution Network, according to unnamed sources cited by the Journal.
A Yahoo spokeswoman declined comment. And NDN did not immediately respond to requests for comment.
Video is one of the pillars of Yahoo CEO Marissa Mayer's strategy to boost the company's growth.—AFP
   
Other Business breaking news:
IMF approves new credit line for Morocco (07-29 18:48)
Luxembourg puts key BES bank shareholders in administration (07-29 18:47)
Exchange Fund income amounts to HK$50.5b in first half (07-29 17:35)
Russia sanctions hit on profits: BP (07-29 16:48)
Building materials sector sluggish in China (07-29 16:40)
Hang Seng, Shanghai finish higher (07-29 16:18)
Airbus cancels six-jet order from Japan's Skymark (07-29 15:30)
European stocks open flat (07-29 15:29)
Deutsche Bank sees second-quarter profits down (07-29 15:11)
BP profits soar in second quarter (07-29 14:43)

More breaking news >>

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