Amateurs Deserve Fair Gran Fondo Race, Fluhme Says
May 10 (Bloomberg) -- Uli Fluhme, co-founder of the Gran Fondo New York amateur bicycle race, talks with Bloomberg's Michael Buteau about the race organizers' decision to conduct drug tests sanctioned by the U.S. Anti-Doping Agency. First held in 2011, the Gran Fondo New York had two doping cases last year, its first for drug tests. This year, winners will collect a total of $50,000 in prizes, including an $8,000 bicycle, and the continued drug tests are drawing support from participants. It costs $190-$300 to enter. (Source: Bloomberg)
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Why Did Baidu's Li Drop His Bid for iQiyi?
05:54 - Baidu's billionaire Chairman Robin Li pulled out of talks to buy control of the company's streaming video service iQiyi after failing to reach an agreement on its price and structure. Bloomberg's Haidi Lun reports on "Daybreak Asia." (Source: Bloomberg)