Swiss competition body approves Swisscom online directory merger

Switzerland's competition commission WEKO said on Tuesday it had approved the purchase of online directory search.ch by Swisscom, as the telecoms group tries to compete with the likes of Google in digital advertising. In a deal reached last year, Swisscom is to combine directory operator local.ch, which provides information on phone numbers, with Swiss media company Tamedia's search and information service search.ch in a joint subsidiary. Together the local online directories will reach 3.6 million internet users per month in Switzerland, and the merger will be completed by mid-2015, the companies said in a joint statement

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Online video site Vessel bets fans will pay for early access

Online video platform Vessel launched its paid subscription service on Tuesday, offering programming at least three days before other websites in a bid to reshape an industry dominated by free content on Google Inc’s YouTube. Vessel, which costs viewers $3 a month, was founded by former Hulu Chief Executive Jason Kilar and Chief Technology Officer Richard Tom. “There are a lot of consumers who would love to see something early.” More than 130 creators will provide early access to content on Vessel

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