Saturday, April 28, 2007

Government help sought in row over Nina's will


Nina Wang Kung Yu-sum's family is putting up a fight over her will.
The Chinachem Charitable Foundation is taking steps to involve the (Chinese) government in what looks to be a long legal battle.

The Standard - China's Business Newspaper:
"Wang's brother Kung Yan-sum and younger sisters Kung Yan-sum and Kung Chung-sum, who are on the board of the Chinachem Charitable Foundation, have been actively building a strong team of witnesses for the anticipated court battle.

They have requested the two non- beneficiaries on the purported 2002 will - Heng Kim Thiam, a project director of Chinachem Group, and Li Chi-ming, a major shareholder of a private architect's firm - as well as Wang's former doctors and nurses, business tycoons and lifelong friends to act as witnesses should this be necessary."

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Monday, April 02, 2007

Competition for YouTube is in The Cards!

You Tube will be in for a bit of competition but competition can be the source of innovation.

NBC, News Corp. push new Web rival to YouTube | CNET News.com: "Sohn said that although Yahoo, AOL and MSN will feature the same content, there are plenty of ways for each to differentiate themselves.

'We'll compete on the customer experience,' Sohn said. 'How does the player at each site work? Is it easier on one site to find videos? You build a network and create a set of experiences around media that you think are more compelling.'

A nascent market is already crowded with companies, such as Brightcove, Joost and Veoh Networks, eager to help them do this."

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