Facebook to face off with new Web rivals
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Facebook's vision of becoming a "utility" that offers activities to keep people online for hours could set it on a collision course with the Web's giants.
In recent days, the No.1 social networking company revamped its search engine and bought a start-up that some call a rival to hot micro-blogging service Twitter. It is also testing a stripped-down version of its service to boost growth overseas and is developing an electronic payments system.
Source:Digital Media Online.
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