Author Archives: Scalper1

Alibaba In, Qihoo 360 Out, Of Chinese Film Firm?

China e-commerce giant Alibaba Group (BABA) — already prepping for a nearly $4 billion purchase of “China’s YouTube” Youku Tudou (YOKU) — will see a changing of the China video landscape after Qihoo 360 Technology (QIHU) terminates its partnership with Chinese production company Beijing Enlight Media, according to media reports Tuesday. Beijing Enlight Media will purchase Qihoo’s 45% stake for RMB 53 million ($8.3 million), Selerity Global Insight

E-Sports: America’s Next Favorite Pastime?

Activision Blizzard’s (ATVI) BlizzCon drew in 25,000 attendees to Anaheim, many of them there to watch the StarCraft II global finals between South Korean pro-gamers SOS and Life. Competitive gaming gets its fair share of criticism, but the industry is expected to reach almost $2 billion by 2018, according to SuperData Research, making it an incredibly attractive market for brands and advertisers. Amazon (AMZN) is in on the action, having acquired

How Red Hat Inc. Gained 10% in October

RHT data by YCharts . What Shares of Red Hat gained 10.1% in October, according to data from S&P Capital IQ . Here are the key moments that allowed the veteran