MSNBC.com buys social network site Newsvine
Excerpt:
"MSNBC.com has acquired social news media site Newsvine, it was announced on Sunday. This is MSNBC.com’s first acquisition in its 11-year history. Financial terms were not disclosed. Newsvine is a Web site that combines traditional media, from such sources as the Associated Press and The New York Times, with community-driven news stories and opinions."
http://www.btobonline.com/apps/pbcs.dll/article?AID=/20071008/FREE/71008051/1078
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