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Softbank has taken a 35 percent stake in the Chinese P2P video platform PPLive for $250 million. This deal is the single largest investment in a video company since Google’s acquisition of YouTube, and it goes to show that online video is huge in China. Read more »

The Chinese P2P video vendor Synacast, better known under the name of its video platform PPLive, will announce next week the appointment of former Microsoft exec Vincent Tao as its new CEO. Tao joined Microsoft in 2005 via the acquisition of his mapping startup Geotango, which […] Read more »

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