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Computers, General news, Communications, Internet, Finance

Electronic Arts Hooks Playfish

Games publisher grabs casual games maker for about $300 million in deal that could be worth another $100 million if Playfish meets certain targets. EA also posts earnings, reporting plans to cut 1,500 employees.
Computers, General news, Communications, Internet, Finance

MySpace Falls for iLike

Social-networking site announces its decision to acquire music recommendation application iLike for an undisclosed sum.
Computers, General news, Internet, Finance

Facebook Seeks Cash

Company shops for $100 million in cash to keep mountains of servers running the popular social-networking site, according to a report.
General news, Magazine, Media, Internet

FamilyLink Connects With $2.85M

Social-networking site that targets family connections gets second round of funding despite surplus of rivals.
Computers, General news, Communications, Internet, Finance

MySpace Growth Slips; Facebook Rockets

While MySpace declines by 6 percent, No. 2 social-networking site grows 40 percent, according to Hitwise.
General news, Media, Internet

Fuser Facebook App a MySpace Killer?

A new application from the startup allows Facebook users to keep tabs on their friends at MySpace without leaving the app heavy social site.