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Report: LinkedIn to buy news reader Pulse

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San Francisco—LinkedIn Corp. plans to buy the newsreader application Pulse, according to a report by AllThingsD. The deal has not been confirmed by the companies, but AllThingsD reported the purchase price is between $50 million and $100 million. Pulse aggregates news from different industries and presents it to viewers in a tilelike, graphical interface. In addition to its news assembly model, Pulse offers The Wall Street Journal's premium content through its app. Pulse has raised a total of $10 million in venture funding since its founding in 2010.
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