Day: August 9, 2012 ends social stint, shifts fully to e-commerce

THE END IS NEAR. Internet firm has formally announced that it is ending its social networking business and will now become a full-fledged e-commerce site. In this file photo, Multiply founder Peter Pezaris (left) chats with Philippines country manager Jack Madrid at the opening of the company?s local office in June 2011. ]]>

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