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Facebook Finds a Friend in Google Rivalry - BusinessWeek -

Financial Post

Facebook Finds a Friend in Google Rivalry BusinessWeek After failing to acquire Twitter last fall, Facebook went shopping for what may be the next best thing. On Aug. 10, Facebook said it had acquired FriendFeed, the Mountain View (Calif.) social aggregation service founded by Google

(GOOG) alumni Bret Taylor and Jim Norris in 2008. The deal, which The Wall Street Journal reported to be valued at nearly $50 million in cash and stock, gives Facebook top talent and advanced technology in an area many see as the next great frontier on the Web: real-time search.

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