Huffpost Technology

aSMallWorld.Net: Weinstein Co. Selling Major Stake In Exclusive Social Networking Site

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The film and entertainment company, which has been shedding staff in the wake of restructuring its operations, is selling its majority stake in -- a social networking site for rich people -- to Swiss mogul Patrick Liotard-Vogt, people familiar with the situation say.

Read the whole story at LATimes

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