Google Keeps Vevo Out of Facebook’s Paws and 3 More Hot Stocks

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Google Inc. (NASDAQ:GOOG): Google is renewing its contract with Vevo, a top online video platform, in addition to taking a stake in the company. Under the terms, YouTube would pay $50 million for a 7 percent stake in Vevo, allowing YouTube to remain atop the throne of Internet video. Additionally, the deal has the added perk of keeping Vevo at a safe distance from Facebook (NASDAQ:FB), which has also been in talks with the company about investments.


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