Nokia buys social networking site Plazes

Top cellphone maker, Nokia, agrred to buy a social networking website, Plazes as a start of their major offering of internet services. Nokia did not reveal the price of acquisition of Plazes but instead said that Plazes rovides location aware services that people can use to record, plan, and share their social activities.

They are currently trying to build new services for mobile phones to have a technology to locate, they have offered Navteq $8.1 billion for US digital maps.

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