Meralco nips Star to clinch playoff berth

first_imgPBA IMAGESSTA. Rosa, Laguna – Allan Durham scored 29 points, had 27 rebounds and missed a triple double by just three assists in leading Meralco to a 96-90 decision of Star in a Petron Saturday Special Game that sealed a playoff berth in the PBA Governors’ Cup at Sta. Rosa Multipurpose Complex here.The Bolts built big leads early and showed a lot of poise and composure in staving off rallies by the Hotshots all the way until the final buzzer, as they bounced back from a tough loss to sister team TNT KaTropa to formalize entry into the quarterfinals after rising to 6-2.ADVERTISEMENT Lady Tamaraws stop Lady Eagles for 2-0 start in PVL Meanwhile, Barangay Ginebra shoots for an eighth straight win – and possibly top seeding – on Sunday when the streaking Gin Kings battle Grand Slam-seeking sister team San Miguel Beer at Smart Araneta Coliseum.The Kings got the perfect workout they needed on Friday night in dispatching Blackwater, and extending the conference’s longest winning run would, in all likelihood, mean a top four berth and a twice-to-beat incentive in the first round of the playoffs.Game time is 6:45 p.m.With a 4-3 record, the Beermen are still out of the top four and a loss would greatly hamper their chancesof tabbing that win-once advantage in the quarterfinals.Despite the great form they are enjoying, Ginebra coach Tim Cone refuses to admit that they are the team to beat thus far in the conference.“San Miguel is the team to beat,” Cone said after a 98-81 win over the Elite two nights ago. “I read somewhere that coach Leo (Austria) was saying that. I just chuckled after reading it.”And Ginebra has the motivation to beat San Miguel and make life hard for the Beermen entering the homestretch of the elimination round.ADVERTISEMENT “We’re still hurting from that all-Filipino Finals,” Cone added. “We will come into that game with the positive energy (after beating the Elite handily), all I wished is that we had one more day to prepare for them.”In the first game, Alaska also tries to extend its own streak and get solidly in the fight for a playoff berth when the Aces battle sputtering KIA Picantos at 4:30 p.m.Sports Related Videospowered by AdSparcRead Next Celebrity chef Gary Rhodes dies at 59 with wife by his side Trump signs bills in support of Hong Kong protesters Hotel says PH coach apologized for ‘kikiam for breakfast’ claim View comments Durham didn’t do it all, actually, as the entire Meralco starting unit finished in twin digits in scoring with Chris Newsome spiking a 17-point night with seven assists and Baser Amer making three triples in finishing with 13.The loss was the third straight after four consecutive wins for the Hotshots, who have now dropped out of the top four for the meantime and allowed the Texters to squeeze in.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingMeralco will still face Alaska, GlobalPort and San Miguel Beer, in that order, in closing out its elimination round schedule and would need to go at least 2-1 to seal a top four berth, and a twice-to-beat privilege.Malcolm Hill had 28 points and 10 rebounds for the Hotshots. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Gamescenter_img LATEST STORIES MOST READ Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Celebrity chef Gary Rhodes dies at 59 with wife by his side NATO’s aging eye in the sky to get a last overhaul Lacson: SEA Games fund put in foundation like ‘Napoles case’ Don’t miss out on the latest news and information. Robredo should’ve resigned as drug czar after lack of trust issue – Panelolast_img read more

Jump from space makes Felix Baumgartner world’s first supersonic skydiver

first_imgFelix Baumgartner stood alone at the edge of space, poised in the open doorway of a capsule suspended above Earth and wondering if he would make it back alive. Twenty four miles below him, millions of people were right there with him, watching on the Internet and marveling at the wonder of the moment.A second later, he stepped off the capsule and barreled toward the New Mexico desert as a tiny white speck against a darkly-tinted sky. Millions watched him breathlessly as he shattered the sound barrier and then landed safely about nine minutes later, becoming the world’s first supersonic skydiver.”When I was standing there on top of the world, you become so humble, you do not think about breaking records anymore, you do not think about gaining scientific data,” Baumgartner said after the jump. “The only thing you want is to come back alive.”The tightly-orchestrated jump meant primarily to entertain became much more than that in the dizzying, breathtaking moment – a collectively shared cross between Neil Armstrong’s moon landing and Evel Knievel’s famed motorcycle jumps on ABC’s “Wide World of Sports.”It was part scientific wonder, part daredevil reality show, with the live-streamed event instantly capturing the world’s attention on a sleepy Sunday at the same time seven NFL football games were being played. It proved, once again, the power of the Internet in a world where news travels as fast as Twitter.The event happened without a network broadcast in the United States, though organizers said more than 40 television stations in 50 countries – including cable’s Discovery Channel in the US – carried the live feed. Instead, millions flocked online, drawing more than 8 million simultaneous views to a YouTube live stream at its peak, YouTube officials said.More than 130 digital outlets carried the live feed, organizers said.It was a last hurrah for what some have billed as a dying Space Age, as NASA’s shuttle program ends and the ways humans explore space is dramatically changing. As the jump unfolded, the space shuttle Endeavor crept toward a Los Angeles museum, where it will become nothing more than an exhibit.Baumgartner, a 43-year-old Austrian, hit Mach 1.24, or 833.9 mph, according to preliminary data, and became the first person to reach supersonic speed without traveling in a jet or a spacecraft. The capsule he jumped from had reached an altitude of 128,100 feet above Earth, carried by a 55-story ultra-thin helium balloon.Landing on his feet in the desert, the man known as “Fearless Felix” lifted his arms in victory to the cheers of jubilant friends and spectators who closely followed at a command center. Among them was his mother, Eva Baumgartner, who was overcome with emotion, crying.”Sometimes we have to get really high to see how small we are,” an exuberant Baumgartner told reporters outside mission control after the jump.About half of Baumgartner’s nine-minute descent was a free fall of 119,846 feet, according to Brian Utley, a jump observer from the FAI, an international group that works to determine and maintain the integrity of aviation records.During the first part of Baumgartner’s free fall, anxious onlookers at the command center held their breath as he appeared to spin uncontrollably.”When I was spinning first 10, 20 seconds, I never thought I was going to lose my life but I was disappointed because I’m going to lose my record. I put seven years of my life into this,” he said.He added: “In that situation, when you spin around, it’s like hell and you don’t know if you can get out of that spin or not. Of course, it was terrifying. I was fighting all the way down because I knew that there must be a moment where I can handle it.”Baumgartner said traveling faster than sound is “hard to describe because you don’t feel it.” The pressurized suit prevented him from feeling the rushing air or even the loud noise he made when breaking the sound barrier.With no reference points, “you don’t know how fast you travel,” he said.Coincidentally, Baumgartner’s accomplishment came on the 65th anniversary of the day that U.S. test pilot Chuck Yeager became the first man to officially break the sound barrier in a jet. Yeager, in fact, commemorated that feat on Sunday, flying in the back seat of an F-15 Eagle as it broke the sound barrier at more than 30,000 feet above California’s Mojave Desert.At Baumgartner’s insistence, some 30 cameras recorded his stunt. Shortly after launch early Sunday, screens at mission control showed the capsule, dangling from the massive balloon, as it rose gracefully above the New Mexico desert. Baumgartner could be seen on video, calmly checking instruments inside the capsule.The dive was more than just a stunt. NASA is eager to improve its blueprints for future spacesuits.Baumgartner’s team included Joe Kittinger, who first tried to break the sound barrier from 19.5 miles up in 1960, reaching speeds of 614 mph. With Kittinger inside mission control, the two men could be heard going over technical details during the ascension.”Our guardian angel will take care of you,” Kittinger radioed to Baumgartner around the 100,000-foot mark.After Baumgartner landed, his sponsor, Red Bull, posted a picture to Facebook of him kneeling on the ground. It generated nearly 216,000 likes, 10,000 comments and more than 29,000 shares in less than 40 minutes.On Twitter, half the worldwide trending topics had something to do with the jump, pushing past seven NFL football games. Among them was this tweet from NASA: “Congratulations to Felix Baumgartner and RedBull Stratos on record-breaking leap from the edge of space!”This attempt marked the end of a long road for Baumgartner, a record-setting high-altitude jumper. He already made two preparation jumps in the area, one from 15 miles high and another from 18 miles high. He has said that this was his final jump.Red Bull has never said how much the long-running, complex project cost.Although he broke the sound barrier, the highest manned-balloon flight record and became the man to jump from the highest altitude, he failed to break Kittinger’s 5 minute and 35 second longest free fall record. Baumgartner’s was timed at 4 minutes and 20 seconds in free fall.He said he opened his parachute at 5,000 feet because that was the plan.”I was putting everything out there, and hope for the best and if we left one record for Joe – hey it’s fine,” he said when asked if he intentionally left the record for Kittinger to hold. “We needed Joe Kittinger to help us break his own record, and that tells the story of how difficult it was and how smart they were in the 60’s. He is 84 years old, and he is still so bright and intelligent and enthusiastic”.Baumgartner has said he plans to settle down with his girlfriend and fly helicopters on mountain rescue and firefighting missions in the U.S. and Austria.Before that, though, he said, “I’ll go back to LA to chill out for a few days.”advertisementadvertisementlast_img read more

Angelina Jolie Praises UNHCR Nansen Refugee Award Winners

first_imgThe 2014 winner of UNHCR’s Nansen Refugee Award is the Colombian women’s rights group, Red Mariposas de Alas Nuevas Construyendo Futuro – or Butterflies with New Wings Building a Future (Butterflies), whose members risk their lives to help survivors of forced displacement and sexual abuse.Based in the Pacific coastal city of Buenaventura, Butterflies, who are all volunteers, have so far helped over 1000 women and their families.UNHCR’s special envoy Actress Angelina Jolie has praised the work of the winners. As a staunch advocate for ending impunity for sexual violence in conflict, Jolie says Butterflies’ work is life-saving.“The Mariposas draw on their strengths as women to help thousands of vulnerable people who would otherwise have no rights and no protection,” said Angelina. “By winning this award, I hope it helps more people everywhere to understand that we have to change attitudes to sexual violence, and to help end impunity for these crimes.”Colombia is second only to Syria in the number of internally displaced people globally. Nowhere in the country is the devastation of the five decade armed conflict felt as acutely as in Buenaventura. This industrial port city has some of the highest rates of violence and displacement due to escalating rivalries between illegal armed groups and women are often their targets. The groups violate women and children to demonstrate their power and strength and frequently torture, rape or kill to exact revenge.“These women are doing extraordinary work in the most challenging of contexts,” said UN High Commissioner for Refugees António Guterres.” Each day they seek to heal the wounds of the women and children of Buenaventura and in doing so put their own lives at risk. Their bravery goes beyond words”.High Commissioner Guterres said, “The situation in Buenaventura illustrates the devastating impact of conflict on families and how essential the work of Butterflies is”.“In their battle to gain territory, illegal armed groups in Buenaventura aim to destroy the social fabric of communities. They violate the most vulnerable by sexual assault, kidnap and murder. Butterflies’ volunteers take the displaced and abused under their wing and help them to reclaim their lives and assert their rights,” he added.Drawing on only the most modest of resources, the women go about their work on foot or by bus or bicycle. As cautiously as they can, they move through the most dangerous neighbourhoods to help women access medical care and report crimes. It is this work deep inside the communities that helps them reach the most vulnerable women, but also brings with it danger and threats from the illegal armed groups.Women in the poorest areas of Buenaventura are often afraid to report sexual violence and the few women who do so remain unprotected because they often live alongside their aggressors. Building trust in this kind of environment is a slow and challenging process. Butterflies operates on the principal of “comadreo”, which has special significance in Afro-Colombian culture, uniting respect, trust solidarity and confidentiality.The cornerstone of the assistance Butterflies provides is the life skills and rights training workshops they organize. Here women come together, and realizing they are not alone in their suffering- slowly regain their self-esteem and strength.Butterflies will receive the Nansen Refugee Award Medal at a ceremony in Geneva, Switzerland on 29 September. The group will be represented by three women; Gloria Amparo, Maritza Asprilla Cruz and Mery Medina.The Award ceremony will feature a keynote speech from UNHCR Special Envoy Angelina Jolie (on video) and musical performances by UNHCR supporters, Swedish-Lebanese singer-songwriter Maher Zain and Malian singer-songwriter Rokia Traorè. Acoustic guitar duo Rodrigo y Gabriela from Mexico will also perform at the ceremony.last_img read more

TCI Government to Donate 100000 for Dominica Relief

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 15 Sept 2015 – The Turks and Caicos Islands Government agreed to a relief fund of US$100,000 to assist with the restoration efforts in Dominica. Premier and Minister of Health, Agriculture and Human Services of the Turks and Caicos Islands, the Hon. Dr. Rufus W. Ewing, following the Cabinet meeting commented, that “he is pleased that we are in a position to assist financially and while the grant is but a dent in the estimated value of damages, we know from the devastation of Hurricane Ike in 2008 that every little bit helps.” The Government of Dominica has reported that TS Erika destroyed over 370 dwelling homes, devastated villages and wrought infrastructural damages amounting to some US$228 million dollars. Hurricane Hit Territories Labelled “Too Wealthy” for British Aid Related Items:dominicana, relief, tci government, tropical storm erika Atlantic Hurricane Season over; takes 88 lives, costs $590 million Dominica gets 300 temporary homes; $34 million to rebuild communities Recommended for youlast_img read more

Bahamas diabetes cases soar 160 increase in 8 Years says Health Minister

first_img Women lead diabetes cases for TCI, country marked World Diabetes Day Nov 14 Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, November 14, 2017 – Nassau – World Diabetes Day is today and the focus is on women and while there are no detailed recent statistics published about how much the disease is impacting the health and productivity of residents of The Bahamas, a 2014 study exposed this:  According to figures released by the International Diabetes Federation (IDF), in 2014 The Bahamas had 34,900 people with diabetes.   The figures did not include those who are pre-diabetic.At the time Dr. Graham Cates said, “When we look at the world overall, The Bahamas is leading in the prevalence of diabetes in the entire world.”Health Minister, Dr. Duane Sands also shared some shocking news as he presented on the National Health Insurance in the House of Assembly in July, including the latest information on how diabetes is affecting the population.“In the almost decade interval between 2005 and 2012 our nation saw a 16 percent increase in sedentary lifestyle diseases; a 13 percent increase in overweight; a 14 percent increase in obesity; a 55 percent increase in hypertension; and a 160 percent increase in diabetes.”World Diabetes Day (WDD), celebrated on November 14 of each year was this year in The Bahamas marked by ScotiaBank.    Nakera Symonette, Senior Manager of Marketing said, “We are committed to helping young people become better off and are thrilled to partner with The Bahamas Diabetic Association to raise awareness as diabetes is prevalent among our population, impacting adults and children.”ScotiaBank staff wore the signature blue ribbons in commemoration of World Diabetes Day.#MagneticMediaNews#WorldDiabetesDay Facebook Twitter Google+LinkedInPinterestWhatsAppcenter_img More women with diabetes in Turks and Caicos, World Diabetes Day Nov 14 Related Items:#magneticmedianews, #worlddiabetesdaylast_img read more

WHS BOYS TRACK Wildcats Get First Win Over Burlington Since Joining Middlesex League

first_imgWILMINGTON, MA — The Wilmington Boys Track team won a big meet against Burlington High, 51.5 to 48.5, on Thursday night at Boston University’s Track and Tennis Center.“In the 7 years we have been in the Middlesex League, we have never beat Burlington, so the victory was especially sweet,” said Head Coach Mike Kinney. “The meet was as close as it possibly could be and the team brought an enormous amount of energy.”Wildcat highlights included:Mike Fothergill rose to the occasion and won three events — the 300, the 55 meter dash, and the long jump.Greg Adamek placed second in the mile and the two mile, a grueling combination with times of 10:17.35 and 4:46.77.Senior Captain Ben Packer won the two mile in 10:13.82.Senior Captain Sam Vince won the hurdles in 8.94.Sean Riley won the high jump.Sam Juergens placed third and second in the long jump and high jump.Tyler Thomas placed second in the shot put with 41’5”.Colton Sullivan placed third in the dash.Richie Stuart placed third in the 300.Senior Captain Kevin Elderd placed second in the 1000 with 2:49.57.Jake Danieli placed second in the 600 with 1:29.96.Nolan Kennedy rounded out the scoring with a third place in the mile with 4:52.57.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… Related35 WHS Student Athletes Named Middlesex League All-Stars This SpringIn “Sports”WILDCAT WAKEUP: Gaudreau, Sperlinga, Aldrich & Godfrey Shine For Boys TrackIn “Sports”WHS BOYS BASKETBALL: Wildcats Win Season OpenerIn “Sports”last_img read more

RCom meltdown Anil Ambanis pain is Mukesh Ambanis gain

first_imgThe crisis-hit firm said it was moving for bankruptcy protection after its attempts to pare Rs 42,000 crore debt failed despite attempts over the last 18 months to sell assets and negotiate with the lenders.While RCom investors saw the share price tanking, other Reliance companies also faced heavy selling pressure. Reliance Capital dropped 20 percent, Reliance Power plunged 35 percent and Reliance Naval and Engineering Ltd. fell 15 percent on Monday. Airtel vs Reliance Jio: Which network is faster in India? File photo of Chairman of Reliance Industries Ltd Mukesh Ambani speaking as his brother Anil Ambani watches in 2004. A dispute between the siblings over dues to Department of Telecommunications has stalled a spectrum deal between the companies of the siblings.ReutersReliance Communications (RCom) shares came crashing like nine pins on Monday after the Anil Ambani-led company filed for bankruptcy in the face of inability to resolve mounting debt. And it’s clear that Anil Ambani’s pain is brother Mukesh Ambani’s gain, in many ways.The fierce tariff war launched by Mukesh Ambani’s Reliance Jio was one of the reasons behind the unravelling of Reliance Communications, an earlier entrant to the telecom sector than Reliance Jio.RCom, which was racing against time to settle debt amounting to more than Rs 42,000 crore, was banking on a potential spectrum sale to Jio. The company finally took the bankruptcy route after legal wrangles prevented a timely conclusion of the sale process.Now that RCom has initiated bankruptcy proceedings, the plan to sell spectrum and towers to Mukeh Ambani-led Reliance Jio would stand cancelled.However, when the debt resolution process restarts under the interim resolution professionals, Reliance Jio would be able to bid for RCom assets again, at a cheaper price. Thus it turns out that RCom’s spectacular undoing is a straightway gain for Reliance Jio.For debt-laden RCom, which decided to wind up its wireless business in December 2017, the sale of spectrum to Mukesh Ambani-controlled Reliance Jio was crucial for survival. The Supreme Court had approved the sale on 30 November subject to conditions. However, protracted legal wrangles delayed the deal, effectively leading the failed firm to choke up finally.Group companies take hitThe spectrum sale to Jio, which would have brought nearly Rs 18,000-crore to the debt laden company, floundered after RCom’s creditors demanded payment ahead of the sale.Now, Mukesh Ambani can bid for RCom assets as the supreme court relaxed rules in January, allowing family members to bid for assets of a company going through insolvency. Reliance Communications chairman Anil Ambani with his son Anmol Ambani during Reliance Capital’s annual general meeting (AGM) in Mumbai, on Sept 26, 2016.IANSAnd, with the fortunes of RCom dwindling, the assets would come at a cheaper price. “The value of RCom if it goes into liquidation will be destroyed and with this sword hanging, the bidders may negotiate harder in the insolvency process with creditors and bring down prices,” Apurva Jayant, a partner at law firm L&L Partners, told Bloomberg.Shares of Reliance Communications Ltd, which was once India’s No. 2 wireless carrier, plumbed the depths on Monday, crashing at one point more than 50 percent on the National Stock Exchange.center_img Closelast_img read more

8 injured in French mosque shooting

first_imgA view of Arrahma Mosque where a shooting incident occured, in this still image from video, in Avignon. ReutersEight people including a girl were lightly wounded late Sunday in a shooting in front of a mosque in the southeast French city of Avignon, the prosecutor’s office said, ruling out terrorism.According to initial accounts taken on the spot, at least two men got out of a car around 10:30 pm near the mosque and opened fire, including with a shotgun, the prosecutor’s office said.None of the wounded had life-threatening injuries, it said.”From what we know this evening, the mosque was not targeted. The fact that it happened in the street of the religious establishment was unconnected with it,” the prosecutor said, ruling out terrorism.Witness accounts mentioned four men in the car, all hooded.The criminal investigation department has taken charge of the case.The shooting comes a few days after a man on Thursday attempted to drive his car into worshippers outside the Creteil mosque in southeast Paris.The driver, a 43-year-old Armenian who suffered from schizophrenia, hit barriers and pillars outside the mosque with his 4×4 without causing any injuries before crashing into a traffic island.According to a source close to the investigation, the suspect had made “confused remarks in relation” to a string of jihadist attacks that have struck France, killing 239 people since 2015.Following a van attack against worshippers leaving Finsbury Park Mosque in London on June 19 which left one dead and 11 injured, France’s Muslim community has also felt threatened.Some Muslim officials have described the Paris incident as an attack and called on the authorities to “strengthen protection of places of worship”.The Paris police commissioner reiterated his orders for vigilance in protecting Muslim places of worship.last_img read more

Rumored Yahoo Might Launch Its Own YouTube Allegedly Snatching Up Viral YouTube

first_img Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global April 1, 2014 4 min read If the rumors about Facebook and Amazon possibly stepping up efforts in the ad-supported online video game are more than just rumors, Yahoo might be biting off a bigger battle than it can chew. Still, as Re/code’s headline hinted, the unflappable and always perfectly coiffed Mayer still looks ready for her closeup. Related: Why You Should Be on Google+ Yahoo came first, but Google has YouTube.And, rumor has it, Yahoo has a hankering for its own version of YouTube, or at least something like it. So much so that the struggling Sunnyvale, Calif.-based early internet mammoth is allegedly “cherry-picking” viral YouTube stars away from the world’s most popular video service — particularly ones who aren’t satisfied with the notoriously skimpy payouts they reportedly receive. According to Re/code, Yahoo “hopes to launch” a strategy “in the next few months” to compete with arch rival Google’s video cash cow. (Maybe they’ll call their attempt YahToobe? Nah, it just doesn’t roll off the tongue right, does it?)Meanwhile, The Wall Street Journal yesterday reported that Yahoo is in talks to acquire Atlanta-based online video syndication company News Distribution Network (NDN) for approximately $300 to $400 million, adding yet more fuel to rumors swirling around Yahoo’s fight for a bigger slice of the ad-supported online video pie.Related: Your Customers Are Likely More Engaged on YouTube Than on Facebook or TwitterWe asked a Yahoo spokesperson if both of the rumors are true — Yahoo’s alleged YouTube star poaching and a the alleged NDN deal — to which she simply responded both times, “We don’t comment on rumors or speculation.”It’s no shocker that Yahoo president and CEO Marissa Mayer is reportedly eyeing snagging traffic from YouTube. What doesn’t add up is that Google’s aggressive Employee No. 20 didn’t gun for the holy grail of online video earlier. YouTube is the second most visited website on the internet, second only to Google, of course, and it rakes in more than 1 billion unique users every month.A growing thirst for network contentWalter Mossberg’s new indie tech news site, which is a CNBC partner, also reported Yahoo has also recently been in touch with “some of the big networks now on the giant online video service.”Yahoo apparently has quite an appetite for major broadcast network content. Last year the company inked a deal with Broadway Video to exclusively stream the complete 38-year Saturday Night Live catalogue. The catalogue is available through Yahoo’s fledgling video-sharing offering Yahoo Screen, though it’s not nearly as lucrative as expected.Related: Young Millionaire: Inside the Mind of Yahoo’s Teen Sensation Nick D’AloisioAlso almost a year ago, Mayer attempted to land a $300 million majority stake in French video-sharing site DailyMotion, often dubbed “the YouTube of France.” It was a no-go. The French government squashed the deal. Yahoo also tried and failed to scoop up Hulu for $800 million.But Mayer doesn’t take well to defeat and she’s apparently not throwing in the towel in the battle for online video viewers and, more importantly, ad revenue, not without a fight. Not if the new face of Yahoo, veteran TV anchor Katie Couric can help it.    More money and better exposure = A tough carrot not to biteRe/code revealed that Yahoo is allegedly enticing big-draw YouTube-ers by dangling sweeter “economics” and better brand exposure as bait:“The come-on? Yahoo executives have told video makers and owners that the company can offer them better economics than they’re getting on YouTube, either by improving the ad revenue or by offering guaranteed ad rates for their videos.In addition, Yahoo has offered extensive marketing, even on its home page, as well as allowing video producers the ability to sell advertising along with Yahoo’s sales force.” Register Now »last_img read more

Alibaba Invests 50 Million in This App Maker

first_img 1 min read This story originally appeared on Reuters October 9, 2014 This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now Peel, the maker of an app that acts as a “smart remote” for TVs, said it secured an additional $50 million in funding from Chinese e-commerce giant Alibaba Group Holding Ltd.The Peel Smart Remote app, launched in 2012, turns Android and iOS smartphones and tablets into remote controls that work on TVs, PCs, air-conditioners and other smart appliances.The California-based startup says it has more than 90 million users in 200 countries.Alibaba, whose recent initial public offering in the United States was the biggest in history, invested an initial $5 million in Peel in 2013.Peel charges TV networks to promote their shows on the app, which displays TV show listings and times.Peel Chief Executive Thiru Arunachalam told technology blog Re/code that the company would generate about $8 million in revenue this year and forecast revenue of $20 million for 2015.He added that the company was facing no pressure from Alibaba to integrate any e-commerce elements into its app.Peel has raised nearly $95 million in venture capital to date from investors including Redpoint Ventures, Lightspeed Venture Partners, Harrison Metal and Translink Capital.(Reporting by Sai Sachin R in Bangalore; Editing by Ted Kerr and Simon Jennings) Enroll Now for Freelast_img read more