Facebook, chums splash cash at social network wannabes

Last Updated on Friday, 22 October 2010 03:40 Written by External Post Friday, 22 October 2010 03:40

Facebook, Zynga and Amazon.com formed a pact with venture capital outfit Kleiner Perkins and a brace of media outlets yesterday, in a $250m effort to fund social media startups. The group, which also includes Comcast, Liberty Media and investment bank
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