French Government Blocks Yahoo! Deal with Dailymotion

Arnaud Montebourg, French minister of industrial renewal, has blocked Yahoo! from buying a 75 percent stake in French video website Dailymotion. The move is a symbolic declaration of patriotism from the French government, who wants to protect one of France’s biggest start-up companies. Montebourg told the Wall Street Journal that he would not let Dailymotion […]