Youku views mobile content as platform for profits for the firm. China's largest online video company, Youku Tudou Inc. , claims that original programming and a drive into mobile content will support the company as it looks into posting its first profit since its initial public offering in 2010.
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Intel Capital Appoints New Investment Director to Boost Team
Intel Capital appoints new Investment Director Intel's global investment and mergers and acquisitions organization, Intel Capital, appoints Tobi Oke as its new Investment Director to lead the investment team for the firm.
New Investment Director for Armstrong Asset Management
Armstrong Asset Management appoints Yasushi Ujioka as its investment director. Armstrong Asset Management appointed Yasushi Ujioka as the new Investment Director of the Singapore based company.
Larsen Added as Principal by Atlantic Pacific Capital
Peter Larsen joins as principal in Atlantic-Pacific Capital. The biggest independently-owned global placement agent and consultancy firm, Atlantic-Pacific Capital, disclosed today the addition of Peter Larsen as its Principal.
James Breyer Leaves Board Post at Facebook
James Breyer of Accel Partners would not stand for re-election to the board of social networking giant Facebook.
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Greek Finance Minister urged the legislative body to pass the reform measures required as a precondition to the release of the Eur2.8 billion tranche of bailout funds for the country.
McClendon, after his exit from Chesapeake Energy, is now undertaking a new venture, American Energy Partners.
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
SEC Chair Jo White is caught between a promise made during her confirmation hearings and the ire of consumer advocates she has sworn to protect.
The new Chief Human Resources Officer of Think Finance is Marcella Butler. Marcella Butler is Think Finance's new Chief Human Resources Officer as disclosed by the developer of online financial products.
Citi hires Ben Story, former head of Deutsche Bank. Former Deutsche Bank head Ben Story has been appointed by Citigroup to become head of UK Investment Banking and Brokerage.
Accor shareholders may pressure CEO to leave due to dismal performance. According to a Reuters report, Chief Executive Officer of Accor may be expelled by the company's board by Tuesday due to weak performance of the company shares in the local bourse in the past months.
Michael Weiss, who quit Morgan Stanley in early April, moves to the Chinese equity firm Sailing Capital Management.
Nestle, L'Oreal and the Bettencourts chequered history in business. The present situation of L'Oreal and Nestle relationship "isn't on the agenda for the time being," commented Jean-Paul Agon, CEO of L'Oreal in an interview with Investir, a French weekly magazine, which was published today.
