The online world opened to billionaire Jack Ma, founder of Alibaba Group Holding Ltd., on his first trip to the U.S. in 1995. While visiting a friend in Seattle who showed him the Internet, Ma typed the word “beer” and couldn’t find any Chinese information. He decided to fix it.
Telecom Italia SpA, the country’s largest phone company, is teaming with Rupert Murdoch’s Sky Italia SpA for an Internet-television service to attract broadband subscriptions, giving consumers an alternative to satellite TV.
Siemens AG plans to enter the Internet-television market in India in cooperation with Zee TV and may add more countries later, Handelsblatt reported, citing Stefan Jenzowsky, head of multimedia at Siemens’s CMT unit.
Vodafone Group Plc, which agreed to buy Kabel Deutschland Holding AG in a 7.7 billion-euro ($10 billion) deal to expand its German fixed-line business, has secured television content from Sky Deutschland AG.