Google seems to be pretty adamant on owning the social networking space. Last week it purchased Slide and now its rumoured to purchase Jambool, a social networking currency website.Jambool manufactures a product called Social Gold, which lets other websites build social-currency infrastructures.

This purchase will be smaller than Slide (which cost $180 million), it is rumoured to cost Google $70 million approx.

SOURCE: CNET

Publish date: August 10, 2010 2:15 pm| Modified date: December 18, 2013 6:36 pm

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