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Social network Tagged, the new owner of Hi5, has said it will close down its third-party development platform. The company bought the struggling games portal last year, and will now replace third-party content with its own games developed in-house, reports Techcrunch. According to Tagged marketing exec Steve Sarner, Hi5 "wasn't...  

Social networking site Tagged has acquired gaming portal Hi5, claiming it now boasts over 330 million users. Hi5 was founded in 2003 and counts outspoken executive Alex St John amongst senior management. Initially both portals will run independently but the long term plan is to merger the two offerings. "An opportunity of this...  

Tagged Inc., the self-described "social network for meeting new people," has acquired assets of Hi5 Networks Inc., a social network popular outside the United States that has struggled to make money with different business models, most recently as a social gaming platform. Terms of the deal between the two San Francisco companies were not disclosed. Tagged is acquiring intellectual property and technology assets, but is not taking on any of...  

"Social discovery" network Tagged revealed its acquisition of Hi5 this week, but apparently it wasn't interested in the whole package. A Tagged rep revealed to Gamasutra that its acquisition of Hi5 is an "asset-only" purchase, and it will not bring on board video game industry veteran and now-former Hi5 president and CTO Alex St. John, nor any of Hi5's staff. The company said it will work with a few Hi5 workers on a contract basis, ...  

"Social discovery" site Tagged announced and completed its purchase of Hi5, the Alex St. John-led site that spent the past year trying to position itself as a major social gaming network. The firm did not disclose financial terms for the deal. With this acquisition, Tagged aims to "dominate the social discovery category" -- the network bills itself as an online community for meeting new people through social games, customizable profiles...  

Tagged has discussed the revamp of Social Network Hi5 which it bought up late last year, saying that it will continue operation but with a more Tagged like style. "A Tagged.com experience with a hi5 wrapper," is how vice president of sales and marketing ...  

Social discovery network Tagged Inc. on Wednesday announced it has purchased social game network hi5 in a deal that has an unusual twist - employees from hi5 plan to use the funds from the sale to...  

Social network Tagged seems to have found a model that works — the company says that 2011 was its fourth consecutive profitable year, and that its revenue grew 35 percent to more than $43 million. As for what exactly Tagged plans to do with hi5, Tagged ...  

TURFITES will have three of the popular Hi5 races on which to wager when local horse racing resumes at Santa Rosa Park, Arima, on Saturday, after a one-week break. The three races designated for Hi5 betting are the fourth, sixth and eighth. And the ...  

A dividend of $50,495.40 was paid on the Hi5 on the fourth race combination of Big Daddy, First Emperor, Classic Material, Mambo Cat and Royal Baby. Another $71, 283.40 was paid on the Hi5 combination of Blackstone Street, Skyline Pigeon, Rock Movistar ...  

Digital Media WireTagged Acquires Social Network Competitor hi5Digital Media WireTagged has purchased hi5, a transaction that brings together two companies that each have a different spin on social networking: Tagged is designed for meeting new people based on shared interests, while hi5 integrates games and highlights other ...Social Network Tagged Acquires hi5VC CircleTagged Likes Hi5, Acquires it to Rival FacebookITProPortalTagged buys hi5...  

The day’s eight-race programme promises much exciting finishes especially in the three Hi5 designated races — the fourth, sixth and eighth. On Saturday last, the lucky turfites marched off with a collective $32,094.90 from the three Hi5 betting races ...  

Another one bites the dust: Former Facebook competitor and No. 3 social network hi5 was acquired by social discovery outfit Tagged Wednesday. According to The Wall Street Journal’s Digits blog, hi5 trailed only Myspace and Facebook in 2008, but Facebook ...  

Another social network knocked out by Facebook has been forced to sell itself. Former social network and now social gaming site Hi5 has been acquired by fellow social network Tagged for an undisclosed amount. Sharing the market with the likes of ...  

Google, on Wednesday, announced many enhancements for its Hangouts, an integrated video conferencing feature, of Google+. The new enhancements will make the video conferencing service better accessible and more interactive. The enhancements will bring ...