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“more significant addition, is the opening of Facebook’s SMS platform, which will let applications and users interact with each other on Facebook over SMS. SMS integration is key as Facebook takes on international aspirations.”
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“The software giant said yesterday that it will buy a 1.6% stake in Facebook, beating out Google Inc. after intense lobbying. The deal places a $15 billion valuation on the closely held Palo Alto, Calif., start-up.”