Sky News UK on Thursday reported that Yahoo is trying to expand its reach to young consumers through acquisition The company, which produces
more than 3 billion page views monthly on YouTube has Google Inc..Yahoo! face competition from private investment company Chernin to control the company is based in California.
Chernin has become a shareholder in Fullscreen, after the purchase of shares in June last year elated with the world of advertising group, WPP and Comcast Ventures. Chernin, owned by News Corp.
executive Peter Chernin, have the right to buy Fullscreen on previously agreed price if other applicants do not bid at least $ 300 million. Fullscreen was founded in 2011 by George Strompolos, former Google executives.
Source : Republika
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