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May 15, 2007 8:18 PM PDT

Rumor: MySpace to acquire Flektor?

by Caroline McCarthy

TechCrunch is claiming that two unnamed sources are pointing to a MySpace acquisition of Flektor, a recently launched site for creating multimedia widgets that incorporate photos, videos, and text. The widgets can then be embedded in blogs or on MySpace profiles.

Earlier this month, it was reported that MySpace had acquired image-sharing site Photobucket after a widget-related skirmish between the two. Neither company has formally confirmed that acquisition, but sources set its financial terms at about $250 million.

For obvious reasons, the rumored Flektor acquisition is said to be much smaller--between $10 and $20 million. According to TechCrunch, MySpace has declined comment.

Caroline McCarthy, a CNET News staff writer, is a downtown Manhattanite happily addicted to social-media tools and restaurant blogs. Her pre-CNET resume includes interning at an IT security firm and brewing cappuccinos. E-mail Caroline.
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