Its proposed acquisition of Twitter now little more than an unrequited Superpoke, Facebook is tweaking its own service to mimic the microblogging outfit. The social network on Wednesday unveiled a new homepage that, in a nod to Twitter’s real-time message broadcasting system, now features “Streams”–Facebook’s “News Feed” revamped to update in real-time.
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Offering its entire catalog of digitized video and music for free to the 19 million users of an upstart social-networking site was once about the farthest thing from Universal Music Group’s mind. Now, with the Internet rejiggering the music industry’s economic structure, it’s at the very top of it. And so this morning, UMG said it would allow members of social network Imeem to stream its music for no charge, in exchange for a cut of the revenue from advertising aired while songs are playing.
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