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LinkedIn to acquire Pulse News reader in a deal worth more than $50 million

It looks like LinkedIn is looking to acquire Pulse News reader in a deal that’s worth north of $50 million, possibly up to $100 million. According to sources familiar with the negotiations, the business-focused social network may not be the only company looking to buy Pulse with Microsoft and Yahoo also engaged in talks. Pulse News is a product of San Francisco-based Alphonso Labs, which has thus far raised about $10 million from a number of VCs – including Redpoint Ventures, Greycroft Partners, Mayfield Fund, Lightspeed Investment Partners, New Enterprise Read more