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Ask Buys Q&A Site, a unit of IAC/InterActiveCorp, just bought, a popular question-and-answer site. “The move signals’s first significant push into social networking,” according to The New York Times’ Bits blog. “After years of trying and failing to compete against Google in search, turned to become more of a Q and A site for the Web, similar to Yahoo Answers or, more recently, the once-buzzy Quora, a Silicon Valley start-up.”

Read the whole story at The New York Times »

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