ClipMine raises $2.6 million in funding to kickoff world’s first video annotation and crowdsourced indexing service

ClipMine announced to have amassed a whopping $2.6 million in funding to roll out world's first crowdsourced online video indexing and annotation service.

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Yahoo to build own streaming video platform to take on YouTube

Yahoo boss Marissa Mayer is considering building a streaming video platform within the next few months to take on YouTube and to gain higher revenue that video ads will be able to bring to the company.

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Microsoft and Samsung to acquire stakes in French startups -report

Tech giants Microsoft and Samsung are in talks to acquire stakes in a France-based online music startup and a video-sharing website, according to a report by French weekly Le Journal du Dimanche.

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France’s Dailymotion acquires Jilion for an undisclosed sum to build its business

Dailymotion's acquisition of Jilion was said to be because of the opportunities SublimeVideo's cutting-edge HTML5 video technology platform could provide to the French video-sharing site.

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Dailymotion plans for new acquisition, Japan office

According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.

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