Nokia buys Tango and Loudeye
Written by Toni DasGupta on July 26th, 2007 | Posted in Squawk-Box
Nokia, in a move to enter the social networking market, bought the file sharing site Twango founded by two former Microsoft execs. The deal is rumored to be around $100 million. Nokia is also buying Loudeye , a mobile music service, for $60 million.