eBay told to pay fines of 40 million Euros for fake goods sold online
A French court has now ordered the online shopping giant eBay to pay Euro 40 million in damages to luxury goods group LVMH.
eBay was found guilty of allowing sellers on their services to sell fake copies of the company’s products.
LVMH had claimed [...]

Reports: Mitsubishi collaborating with Peugeot
Nikkei business daily has reported that Mitsubishi Motors is planning to collaborate with France’s PSA Peugeot Citroen.
The two companies are working on a deal to manufacture electric cars.
They would be sharing related technologies.
The report further stated that the two companies may also look at forming a joint venture to build electric [...]

Starbucks to expand in Europe with 150 new stores
Starbucks Corp is set to launch more stores in the European market for expansion.
Wall street journal reported that the company is planning to set up 150 new locations in the United Kingdom, France and Germany over the next three years.
These new stores would be established at airports [...]

Dailymotion aims to become profitable next year
One of the few popular rivals to Google owned YouTube video sharing service is Dailymotion.
This France based video sharing service was launched at around the same time as YouTube.
Company CEO Mark Zaleski said in a statement in Paris: “We are confident that we could be profitable in a [...]

AOL Video launched in India, Canada and Taiwan
US based internet company AOL has announced that they are now launching localized editions of their video portal in three markets India, Canada and Taiwan.
These localized editions would feature domestic content in addition to media from international sources.
AOL is also now working on launching similar online destinations in [...]