DirecTV (DTV) CEO Michael White announced the company’s plans to launch a new online TV service to cater to Hispanic customers particularly. The announcement was made at the Goldman Sachs Communacopia Conference.
QVentures, a members-only investment club, will allow wealthy private investors, entrepreneurs and venture capital firms to team up to invest in promising start-ups.
The combined investing power of seasoned investors such as legendary music producer Harvey Goldsmith, Moonpig founder Nick Jenkins and Quintessentially co-founder Aaron Simpson will allow small companies to raise far more than they would through traditional angel networks.
Yahoo! Inc. (YHOO)’s latest acquisition target is an online-video service called News Distribution Network Inc. (NDN) according to a Wall Street Journal report. The report claims that Yahoo is expected to pay $300 million for the acquisition, which will be the company’s second biggest to date after Tumblr, for which it paid $1.1 billion.
If you think you're seeing more video ads, you're right: In the past year, there has been a huge increase in the number of video ads displayed on web pages. According to comScore, in December 2011, only 14 percent of videos had ads attached to them, but in December 2012, that portion was 23 percent.