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Facebook – forging an empire

business weekly

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Last week Twitter virtually exploded, when thousands of users shared their opinion on what was a major surprise in the IT world – to put it mildly.

That was Facebook paying one billion dollars for a company that has only as many employees as a football team. If you add the coach and his deputy.

What’s going on here? We talk about that with David Battersby, Global Technology Analyst at Redmayne-Bentley.

Also on the programme: the latest austerity measures in Spain and the much-awaited turnaround plan at troubled electronics giant Sony.

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