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Report: Veoh Assets Go To Qlipso

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The assets of ill-fated online video site Veoh have reportedly been sold to 2Peer Ltd., operator of media site Qlipso , according to a report from VentureWire. Qlipso lists its headquarters in Los Angeles, and the firm says it is backed by Jeruslem Venture Partners, with links to Israel. READ MORE>>.

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Report: Veoh Files For Bankruptcy

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San Diego- and Los Angeles-based video sharing site veoh Networks has filed for Chapter 7 bankruptcy, according to web site Mashable. Veoh had raised over $67.5M Veoh had raised over $67.5M Tags: veoh networks merger acquisition bankruptcy failure. READ MORE>>.

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Report: Veoh Planning Major Layoffs

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San Diego- and Los Angeles-based online video site Veoh is reportedly in the midst of a "major restructuring," according to a report from VentureBeat. An email to Dmitry Shapiro, CEO of Veoh, this morning, asking for comments on the rumor was not returned. Veoh laid off 20 percent of its employees in November.

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Veoh's Shapiro Named CTO Of MySpace Music

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Los Angeles-based MySpace Music announced this morning that it has hired Dmitry Shapiro , who founded Veoh, as its new Chief Technology Officer. Shapiro will be based in Beverly Hills, and report to MySpace Music President Courtney Holt. Shapiro was founder and CEo of Veoh Networks until its bankruptcy filing in February.

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Veoh Cuts 20 Percent

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Los Angeles- and San Diego-based Veoh (www.veoh.com), an online video sharing site, has laid off 20 people, or roughly 18-20 percent of the firm's employees. Veoh said that the firm, although doing well financially, could not predict how soft the online advertising market will become, given the economic challenges of today.

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Qlipso Confirms Veoh.com Acquisition

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Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has acquired substantially all of the assets of Veoh.com. The sale had earlier been reported in April, but had not been confirmed by the firms involved. Financial terms of the deal were not disclosed.

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Qlipso Integrates Into Veoh.com After Acquisition

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Los Angeles- and Israel-based Qlipso , a developer of online video sharing and editing tools, announced this morning that it has integrated its service into Veoh.com, after its acquisition of substantially all of the assets of Veoh.com. The sale had earlier been reported in April. Financial terms of the deal have not been disclosed.

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