Real time feed generator FriendFeed has been purchased by social media giant Facebook in a multi-million dollar deal.
Facebook reportedly paid $50m for the website in a move which marks its latest attempt to compete in the real-time space alongside Web 2.0 darling Twitter.
FriendFeed, which pulls in content from sources including Gmail, StumbleUpon, YouTube, Facebook and Twitter, was launched just 22 months ago by a group of former Google employees.
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