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Did Twitter Buy Streaming App Maker Periscope?

Earlier this month, word spread that Twitter was chatting up live streaming app Periscope about a potential acquisition worth upwards of $100 million. Now, a source is telling Business Insider that Twitter quietly closed the deal, though said sources wouldn’t talk sale price. Other sources tell BI that the deal cost Twitter between $50 million and $100 million.

Read the whole story at Business Insider »

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