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Microsoft Corp., the world's biggest software maker, is buying Skype for $8.5 billion in a deal expected to close by the end of the year. Microsoft believes Skype will help it sell more digital advertising and offer more popular conferencing tools to help businesses save money. Skype's services also span hot markets -- online socializing, mobile phones and digital video
-- where Microsoft has been struggling to catch up with Facebook, Apple Inc. and Google Inc.
[Associated
Press]
Copyright 2011 The Associated Press. All rights reserved. This
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