NY TIMES — Dec 21 — InterActiveCorp, the Internet travel, retailing and ticketing company controlled
by entertainment mogul Barry Diller, announced Tuesday that it will separate into two publicly traded companies.
Most of China's tech giants, including instant messaging and gaming company Tencent, mobile handset maker Xiaomi, portal and microblogging giant Sina, and the country's video streaming sites YoukuTudou, iQiyi, and LeTV, all have rushed into the rapidly growing space, joining upstarts such as Panda TV, an e-sports streaming app owned
by Wang Sicong, the son of Wang Jianlin, China's richest man, a real estate
mogul with aspirations in media and
entertainment.