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    Facebook Rumored To Be In Talks to Acquire Opera to Create "Facebook Browser"

    Fri, 05/25/2012 - 13:36 EDT - Forbes.com - Top Stories

    I promised I wouldn?t write about this week. Well sorry, I couldn?t help myself. A rumor has been flying this afternoon about a potential ??acquisition??of Norwegian??browser company Opera.??Pocket-lint broke the news??in a post earlier today indicating that it had ?heard from one of its trusted sources that the social networking giant is looking to buy ...

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    Related

    • 3 Reasons To Avoid The Facebook IPO

      By Lou Basenese:Friending fever is about to hit Wall Street! On Monday, multiple sources reported that Facebook is planning its initial public offering (IPO) for the third week in May. It’s rumored that the social networking giant plans to raise $10 billion. That would make it one of the largest IPOs ever. It would also make Facebook one of the most valuable companies in the world, with a market cap of about $100 billion.

    • Browser wars flare in mobile space

      The browser wars are heating up again, but this time the fight is for dominance of the mobile Internet.Google, Apple, Microsoft and Yahoo! are all in the struggle, along with the Norwegian-made Opera browser and the open source Firefox software from Mozilla.The motive behind the wars is not just bragging rights. The company that controls the mobile Web can direct users to its websites, and importantly, gather data that can be used in targeted advertising.

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      By Dana Blankenhorn: The competition between Google (GOOG) and Facebook (FB) has turned into all-out war with Facebook recommending its users drop Google's Chrome browser in favor of Internet Explorer, Firefox or

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      Warner Bros. is now the most likely buyer of movie ratings website Flixster and would pay close to $90 million, sources say.Warner Bros.

    • JP Morgan said to be in talks for Twitter stake

      A JP Morgan media fund is considering buying a substantial stake in social networking site Twitter.com. Sources say the fund hopes to acquire 10% of the micro-blogging site for $450m. The investment puts Twitter's total value at $4.5bn or £2.8bn.

    • JP Morgan rumoured to be in Twitter talks

      A JP Morgan media fund is considering buying a substantial stake in social networking site Twitter.com. Sources say the fund hopes to acquire 10% of the micro-blogging site for $450m. The investment puts Twitter's total value at $4.5bn or £2.8bn. However, it is not clear if the JPMorgan fund will make a direct investment or buy out existing investors and shareholders with Twitter's approval. The talks come as JP Morgan (NYSE:JPM) has so far raised $1.22bn for a new Digital Growth Fund, launched to give the bank's clients access to new media and private technology companies.

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    • It's Crazy Ass Rumor Friday: Fusion-io Up On Talk Of Dell Bid

      Nature abhors a vacuum. And PR people abhor making news on Fridays, especially on warm weekends in May. Ergo, as the work week inches to a close, the runor mill kick into gear. Today?s example: solid-state enterprise storage company Fusion-io, the rumor mill has it, has held talked about a potential acquisition by Dell. Read ...

    • Norsk Hydro to buy Vale's aluminium assets

      Norwegian aluminium producer Norsk Hydro said on Sunday it would buy the aluminium assets of Brazilian mining giant Vale for 4.9 billion dollars (3.7 billion euros), in the biggest acquisition abroad by a Norwegian company.Under the deal, Vale will get 1.1 billion dollars in cash and 3.1 billion dollars in new Hydro Norsk shares, while the Norwegian company will absorb 700 million dollars of Vale debt.The agreement will leave Vale owning a 22 percent stake in Norsk Hydro, making the Brazilian company Norsk Hydro's second biggest shareholder after the Norwegian government.

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