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NBC will buy Tribe.net

(Techcrunch) Rumors are being confirmed (by Rafat Ali and Susan Mernit) that NBC is in fact buying social networking site Tribe.net. Ali estimates the sale at $50 million or less and says that the media company will use Tribe to power the low-tech women’s networking site iVillage, which it acquired earlier this year for $600 million. More…

Posted by Todd Wilkinson

7 Jul

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