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Friday, December 11, 2009

Friendster Social Networking Site Purchased by Malaysian Businessman

Malaysian tycoon Vincent Tan announced a deal to buy Friendster, a social networking site that still retains a strong following in Southeast Asia after losing in global popularity to Facebook and MySpace.

Because of inability to share profit, poor site integration of games and widgets, let opportunity to add new friends, no API with Google and Yahoo, friendster lost its global share yet they are still in command in southeast Asia.

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