PPLive, the local network-TV giant, has dared to "dig" software giant Microsoft's Corner, and is the new business sector that the latter has built up.
PPLive The Global senior executive Tao of Microsoft Internet business. Yesterday, PPLive company spokesman Chen to CBN reporters confirmed that Dr. Tao has officially assumed the company's CEO, the company's founder Bill Yao will assume the position of Chairman.
Tao is a famous expert in the field of international geospatial information. As early as 2001, he was awarded the title of the Canadian National Chief research Professor by virtue of his technological inventions in this field.
Then he created a three-dimensional online earth visualization technology in the United States, Geotango, developed the first commercial three-dimensional Earth visualization system, 14 months to make a large amount of money, once let Microsoft, Google coveted, the two secretly for a long battle.
But the timing of his admission to PPLive was not very fortunate. The external environment is not optimistic, PPLive is suffering from a heavy financial pressure. Last year, News of a "broken capital chain" and even a withdrawal from Shanghai continued.
Raising money naturally is a big problem. Tao says the company is planning an IPO, and the US and China are considering it. However, this also needs to communicate with the investor.