NEWS / SERVICES

Google Rumoured to Buy Jambool - Social Networking Currency Site

10 Aug, 2010, 2:15 pm IST | by tech2 News Staff | Services

Google seems to be pretty adamant on owning the social networking space. Last week it purchased Slide and now its rumoured to purchase Jambool, a social networking currency website.Jambool manufactures a product called Social Gold, which lets other websites build social-currency infrastructures.

This purchase will be smaller than Slide (which cost $180 million), it is rumoured to cost Google $70 million approx.

SOURCE: CNET

Tags: Google , Jambool , social networking site

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