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Tuesday, August 23, 2011

 

There was a time before the "Great Recession" when a cluster of companies were seemingly always bidding against one another to acquire the hot startup of the month. The core of that group consisted of Google, Yahoo, Microsoft, eBay, AOL and News Corp. But while AOL and Yahoo still buy companies — AOL bought HuffingtonPost and Yahoo is in the running for Hulu — they're no longer as aggressive as they once were.

For its part News Corp unloaded MySpace earlier this year (a name now synonymous with decline or failure) and is now hobbled by scandal. But never fear Facebook may be preparing to fill the vacuum and take its rightful place in the new startup acquisitions club beside Google, Microsoft and Apple.

 

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