Penguin, Random House Combining After E-Book Surge

Pearson Plc agreed to combine its Penguin book-publishing unit with Bertelsmann SE’s Random House as the media companies seek to bulk up in response to a surge in providers of electronic books.
Prospects for Bitcoin in China
16:54 - Jack Liu, head of international at OKCoin, discusses bitcoin in China and as an alternative payment system. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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