Yahoo’s Bid For Dailymotion Draws Objection From French Government

Yahoo’s bid to control up to 75% stake of Dailymotion has ended abruptly.¬† CEO Marissa Mayer had been aggressively looking to grow its video programming to emulate Google’s success in video content with Youtube.¬† The search company planned to invest in Dailymotion for a price of around $200 million. On paper, the merger made sense