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WASHINGTON, Dec. 2 (Xinhua) -- The U.S. Justice Department Friday approved Google's 400 million dollar acquisition of Admeld, a company that provides an online advertising platform for publishers.The Justice Department concluded that it was "not likely to substantially lessen competition in the sale of display advertising."Google operates the largest Internet search engine in the world and one of the largest display advertising platforms. It had revenues of about 29 billion dollars in 2010, most of which came from ads revenue.Admeld, with annual revenue of 30 million dollars, offers technology services to Internet publishers that help them boost revenue by optimizing ads display from hundreds of sources.Google is expected to grab 9.3 percent of online display advertising spending in the U.S. this year, up from 8.6 percent last year, making it the No. 3 provider, according to the digital intelligence company Emarketer.The No. 1 position will be taken by Facebook with its share increased to 16 percent up from 12 percent a year ago, while Yahoo! will slip slightly to 13 percent, said Emarketer.
BEIJING, Jan. 21 (Xinhua) -- Chinese leaders on Saturday offered festive greetings to people across the nation as well as overseas Chinese around the world at a gathering to mark the Lunar New Year that falls on Jan. 23.President Hu Jintao, top legislator Wu Bangguo, Premier Wen Jiabao and top political advisor Jia Qinglin attended the gathering, organized by the Central Committee of the Communist Party of China (CPC) and the State Council at the Great Hall of the People in Beijing.Hosting the gathering, Hu, also General Secretary of the CPC Central Committee, extended regards to Chinese people at home and abroad and foreign friends on behalf of the CPC Central Committee and the State Council, the Cabinet.Premier Wen delivered a speech at the gathering, saying that the country has made a good start to the Twelfth Five-Year Plan (2011-2015) at a time of an austere and complicated international economic situation.Wen said the government would maintain stable prices and steady, rapid economic development, accelerate the transformation of development patterns and adjust the economic structure in a bid to enhance sustainable development, as well as place more importance on people's livelihoods, letting the people share the achievements of reform."We are going to face bigger challenges in the new year," Wen said. "We have the will, determination, courage and ability to overcome any difficulties. We have confidence in the motherland's successful and bright future."Wen said the country will resolutely take the socialist road with Chinese characteristics, and promote economic growth and social progress, as well as improving people's livelihoods, and democracy, rule of law, equality and justice."We need to keep a clear head and thoroughly apply the scientific outlook on development, so to advance the reform and openning up policy and the socialist modernization construction.Wen called for excellent achievements in a bid to put the country on a firm footing for the upcoming 18th National Congress of the Communist Party of China.Other leaders, including Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang, also attended the gathering.The Spring Festival, or the Chinese Lunar New Year, is the most important traditional festival for China.
BAGHDAD, Nov. 15 (Xinhua) -- Iraqi President Jalal Talabani told the newly-arrived Chinese ambassador Tuesday that Iraq is willing to expand cooperation and strengthen ties with China.Talabani made the statement when receiving the credential from Ni Jian, China's new ambassador to Iraq, in his presidential palace.The friendship between Iraq and China can be traced back to more than a millennium ago and endured the test of time, Talabani said.The recent years have seen increasing cooperation and exchanges between the two countries in multiple fields, bearing positive results and breakthroughs, he said.Ni Jian said that China attaches great importance to the Chinese-Iraqi relations and is willing to broaden friendly ties with Iraq on the basis of equality and mutual benefit.
来源:资阳报