GigaOM: Facebook acquires Malaysian start-up

According to GigaOM, Facebook has acquired Octazen Solutions, a small Malaysian start-up.

Facebook especially seemed to want to have the talents and skills of the two people behind the start-up that specializes “in ways to import contacts”.

When you visit the homepage of the start-up, it says “The Octazen team wanted to let you, our valued customers, know that the company recently received an offer to acquire most of the company’s assets and to employ those assets in a different direction. After carefully evaluating this offer, our team believes this is a wonderful opportunity of which we must take advantage”.

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Facebook and PayPal announce a deal: is it to boost international business?

Well, it’s probably less important than the Facebook news and opinions I wrote about earlier today, but it’s news!

Facebook and PayPal will soon work together to offer an online payment solution for both virtual goods and ads on the king of social networks (and since January the prince of traffic).

The deal is meant to offer an extra service to both Facebook users and marketers.

For marketers, it means they will be able to pay for their ‘social advertising’ with eBay’s popular payment system.

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