Nokia Extends Web Push With Twango Purchase

According to The Wall Street Journal, Nokia plans to announce today that it has bought an online photo- and video-sharing start-up in the latest of a series of acquisitions to expand beyond cellphones into Internet-related services in search of new sources of revenue.

"The world's largest maker of cellphones by sales and market share is acquiring Twango Inc., a closely held Redmond, Wash., media-sharing Web site. "

emily | 9:55 AM | News, Buzz |
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