Yahoo's bid for Dailymotion reportedly axed by French pol
Yahoo's bid to take a controlling stake in French video-sharing site Dailymotion has reportedly been killed by the French government.
Dailymotion, which is owned by France-Telecom, was in talks to sell a 75 percent stake to Yahoo, according to a report last month by The Wall Street Journal. The deal was expected to give Yahoo a much-needed boost in the overseas video-sharing space, which is mainly dominated by services like Google's YouTube.
While Marissa Mayer purchased a recommendations startup late last year to fortify Yahoo's presence on mobile, Dailymotion would be her first big acquisition since she … Read more