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[Review] The Rise Of The New East

YoungUpstarts

Beyond Lenovo’s famous acquisition of IBM’s PC business, entertainment conglomerate Dalian Wanda bought American cinema operator AMC Entertainment followed by British yacht builder Sunseeker. Through differentiated sourcing, companies can better hedge their risks in the event that the Chinese economy implodes.

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Bringing Lean Startup to Life at GE

Startup Lessons Learned

Prior to taking on her current position at GE, Comstock was the President of Integrated Media at NBC Universal, where she took a traditional media company forward across new media platforms, heading the digital media team and shepherding the development of Hulu.com and Peacock Equity as well as the acquisition of ivillage.com. (

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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

Facebook surprised with its first acquisition in Israel today (and its second acquisition outside of the US), with the announcement that it is buying Israeli startup Snaptu (previously known as Moblica) for an estimated $60-70 million. The acquisition is supposed to close in a few weeks.