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Friday, May 22, 2009

Yahoo eyes acquisitions, social media

"Yahoo Inc is looking to buy companies that will allow it to become a bigger player in social networking and revamp its family of products, Chief Technology Officer Ari Balogh said on Wednesday.
'It's a good time to be buying now,' he told the Reuters Global Technology Summit, pointing to valuations that have come down from levels six to nine months ago."

Yahoo eyes acquisitions, social media Technology Internet Reuters
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