Customers stranded by shutdown can turn to Delve for free transitionSEATTLE July 3 /PRNewswire/ — Delve Networks http:// is offering current
Customers stranded by shutdown can turn to Delve for free transitionSEATTLE, July 3 /PRNewswire/ — Delve Networks ( http://) is offering current Maven Networks customers with a rescue plan after Yahooannounced they would be shutting their doors. The online video platformprovider will waive all fees for customers wishing to migrate from now defunctMaven to Delve Networks online video platform. “Online video is core to the marketing and distribution strategy forcompanies,” said Alex Castro, CEO, Delve Networks.”Companies like Standard &Poor’s, Cleveland Clinic and 1800Flowers depend on our enterprise class onlinevideo platform every day. They fear she might be more critical in part since Opel doesnot have any major manufacturing operations in France, home tokey competitors PSA Peugeot Citroen and Renault (RENA.PA), whichcounts the French state as a large shareholder.
Sources familiar with the Opel negotiations have voicedanxiety that Paris might try to install French Economy MinisterChristine Lagarde as the next EU Competition Commissioner undera likely second term for President Jose Manuel Barroso. It isbased on theories over which one can heartily discuss…Thereare justifiable question marks,” he explained. He expressed doubts as to the wisdom of basing a businessplan on the boom-and-bust Russian car market and questionedwhether Magna could lure other carmakers to utilise Opel’sunused production capacity. Homann, who reports to Minister Karl-Theodor zu Guttenberg,stated no preference for any of the three current bidders. Homann warned that whoever wants to acquire Opel would haveto prepare for a tough EU cartel probe.
“The negotiating parties would be well advised to develop aconcept that is economically sustainable, fulfils our lawsgoverning loan guarantees and is compliant with EU subsidyrules,” he told the conference. Homann pointed to the chronic structural overcapacities thatthe EU is concerned about and cautioned that the EuropeanCommission has stated a bailout could not distort competition. “I’m not going to discuss the detail of any financialunderwriting, but it may involve loans or loan guarantees,”Business Secretary Peter Mandelson said. “We would obviouslyhave to have interest paid and some security (for the loans).”[ID:nWLA8236] MAGNA DOUBTS Speaking at a Handelsblatt auto industry conference, Homannexpressed scepticism over Magna’s concept for Opel and said thatvested interests praising the auto parts supplier’s offer as thebest left the German government open to “extortion” “We will see whether Magna’s concept is successful. “Every day that there is no restructuring costs money, everymonth that goes by is a lost month,” said Homann, the head ofthe government’s Opel task force.
