Tag: P2P
Google will invest in Xunlei, a Chinese Web site that helps users download videos from the Internet.
The investment will probably be disclosed next month, Henry Wang, head of Xunlei's operations in Shanghai, said today by telephone. He declined to give further details.
Google's investment in Xunlei, based in Shenzhen, south China, may help it tap growing popularity for online videos in the world's second-biggest Internet market.
Existing investors in Xunlei include IDG Venture Capital and Morningside Asia Advisory Ltd. The Chinese Web...
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Google will partner with Shanghai-based venture capital firm Ceyuan Ventures to invest in Chinese download accelerator and peer-to-peer file sharing network operator Thunder aka Xunlei, according to a rumor reported by eNet. A spokesperson for Shenzhen-based Thunder said that the company will close its third round of investment in two weeks. A Google spokesperson had no comment.
Thunder Network's previous rounds of funding were for US$1 million and US$10 million from from IDG and Morningside Technologies, respectively. Thunder's...
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Tags: TV + P2P +
Downloads will only be viewable for a 24-hour viewing period and prices will start at 99 cents per episode. The studios have framed the agreements as a step towards further delegitimizing piracy, but the DRM wrapped around the downloads make that debatable. Perhaps most important is the juxtaposition of three major media company names and phrase P2P. That will be great for legitimization of the medium.
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