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Sina Makes Advertising Buy For Over $1 Billion
By Doug Caverly · December 22, 2008 · 4

Sina.com is China’s largest Web portal, and today, the company behind it got even bigger. Sina Corp. acquired parts of Focus Media Holding, which works in advertising, for over $1 billion in stock.

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Netflix Must Focus on Content to Compete with Redbox & Verizon, Says Bryan Gonzalez On Monday, Verizon and Coinstar, which is Redbox's parent company, announced a partnership that will bring a service very similar to Netflix's to consumers. The companies will offer both a physical and streaming video platform that will be available online and on mobile devices. ... MORE

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