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Tech giant is adding to its social-media arsenal with the acquisition of Jambool, which helps other sites build virtual-currency infrastructures.
Jambool, the manufacturer of a product called Social Gold, is said to have been purchased for a total of about $70 million, according to a blog report.
Purchase price for popular restaurant review company comes in at 1 percent the price of Motorola Mobility.
SocialDeck becomes the latest start-up to join Google, as the search giant works feverishly over the summer months to build out its social-technology portfolio.
Angstro is the latest acquisition finalized by Google's always active M&A team. It's the third social-media tech company Google has acquired in as many weeks.
Social music site lets partners and other developers embed collaborative playlists on their sites for everything from movie soundtrack tracking to party music planning.
It looks like Facebook will be launching a virtual currency instead of a transaction platform. The reasons are complicated, but the goals and possibilities for the social site are much loftier.