Majority Stake: Dailymotion

Dailymotion: PARIS - France's industry minister said he had blocked Yahoo Inc's plan to buy a majority stake in online video website Dailymotion because the U.S. group wanted to "devour" its smaller competitor, according to Reuters. The failure of the talks makes for another public knock to France's business image after verbal attacks last year by Arnaud Montebourg on firms seeking to shut ailing industrial sites prompted international derision and By John Irish and Leila Abboud Yahoo, which declined to comment, had been in talks to acquire a 75 percent stake in Dailymotion, owned by France Telecom's Orange, a deal that would have valued Europe's largest video website at $300 million. (www.immigrantscanada.com). As reported in the news.