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Why CBS Bought CNET, And Not The Other Way Around

May 15th, 2008 at 3:31 pm

Source:TechCrunch
Facebook is all about openness and data portability, as long as that doesn’t involve openness or portability of data, it seems.
Today they wrote a long 7 paragraph blog post to get a single point across: Facebook has banned Google’s Friend Connect access to the Facebook API:
Now that Google has launched Friend Connect, we’ve had […]Source:TechCrunch

1999: CNET is a $12 billion company
January 2000: CNET Aquires MySimon for $700 million

October 2000: CNET Acquires Ziff Davis (ZDNet) for $1.6 billion (after the March 2000 stock crash)
July 2004: CNET Acquires Webshots for $70 million

October 2007: CNET Sells Webshots for $40 million
May 2008: CBS Acquires CNET For $1.8 billion

CNET announced its sale to CBS, […]

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