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Technology Stocks : Renren

RENN 1.650

-2.9%

Jun 21 5:00 PM EST

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To: Savant who wrote (111)	8/24/2011 10:05:35 AM
From: zax	1 Recommendation Read Replies (1) of 310

Renren Shares Pop On Deal To Work With Microsoft forbes.com Renren shares have spiked Wednesday morning after the company announced a “strategic cooperation” agreement with Microsoft‘s Shanghai MSN unit. The China-based social networking company said the calls for “a seamless integration” of the two companies’ social platforms. “Renren and MSN China will share a wide range of applications and services across the two platforms, including unified account log-in, content synchronization, finding and communicating with friends, among others,” the company said. Specific financial terms of the deal were not disclosed. RENN this morning is up 59 cents, or 8.1%, to $7.89.

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