Facebook Denies It's Buying Chinese Social Network

The word is that Facebook had recently offered Chinese networking site, Zhanzuo's owners $85m for it. A Facebook spokesman denied that this was the case.

Last word: Hmm. Where My Space goes Facebook needs to compete, and the former launched a Chinese language version of its site last year. If it's not Zhanzuo, it'll be another venture for Facebook in Asia very soon.

Read the full story in News.com

Gianfranco Piccolo
Presidente e Amministratore Delegato di Universal McCann
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