Internet social networking leader MySpace is joining Google Inc.’s platform for sharing applications across the Web — a concept that threatens to undermine the rapid growth of their common rival, Facebook Inc.
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Internet social networking leader MySpace is joining Google Inc.’s platform for sharing applications across the Web — a concept that threatens to undermine the rapid growth of their common rival, Facebook Inc.
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Time Warner Inc.’s AOL Internet division is about to buy Israeli startup Quigo for $300 million, the biggest exit of the year in Israel. Time Warner is the world’s largest communications group, and AOL plans to use Quigo’s technology to compete against Internet giants such as Google and Yahoo!
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Internet ad network Specific Media Inc. has raised $100 million to help finance its expansion plans amid a flurry of dealmaking in the advertising industry.
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Internet startup Meebo is urging developers to create applications around its Web-based IM (instant-messaging) site, an attempt to create Facebook-like momentum.
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