YouTube
to start revenue sharing with users
San Francisco: Internet video sharing site YouTube
will begin sharing revenue with its millions of users,
according to media report.
The
report quoted Chad Hurley, YouTube co-founder, as saying
at the World Economic Forum that the proposal enables
users to be paid for content. Hurley did not provide details
about how much users could receive, or what mechanism
would be used.
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Hershey,
Lotte to set up JV in China
Seoul: U.S. chocolate group Hershey Co. and South
Korea's Lotte Confectionery Co. plan to set up an $80
million joint venture in Hong Kong to make and market
candies for the Chinese market according to Lotte.
Lotte's
Shanghai factory will start manufacturing the candy in
April, with sales starting in August.
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