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article imageFacebook acquires Hot Potato

By Samuel Okocha     Aug 20, 2010 in Internet
Facebook has grabbed Hot Potato, an emerging Internet firm that lets people use smartphones to let friends know what they are up to at any point in time. It's plus for Facebook which already has 500 million users worldwide after a February 4, 2004 launch.
According to AFP, Hot Potato announced the takeover on Friday, two days after Facebook switched on a new feature that lets US members of the social networking service share their where they are with friends while on the move.
Tech Crunch had reported Facebook was acquiring Hot Potato which basically connects friends and fans around live events, for some $10 million.
"We're excited to confirm that we recently acquired Hot Potato, a service that helps people socialize around live events and share what they're doing with friends," Facebook said in an email response to an AFP inquiry.
"We've admired for some time how Hot Potato is tackling this space and look forward to working with them to bring Hot Potato innovations to Facebook."
Hot Potato had eight months ago launched a social networking service that lets users "check-in" to let friends know what they are thinking, watching, playing, attending, listening to, or otherwise doing.
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