Funding and Acquisitions: China’s Tudou.com raises giant funding round

Today’s funding and acquisitions roundup:

China’s YouTube, Tudou.com, Raises $50M (via NewTeeVee)

Redbeacon Raises $7.4 Million To Help You Book Local Services Online (via TechCrunch)

Betaworks, Conway, And Sacca Embed $250,000 Into Embed.ly (via TechCrunch)