Facebook seeks acquisitions. [Bloomberg]
“A growing number of middle managers are stepping out of their corporate nests to join start-ups, as the new technology boom continues to gather steam.” [WSJ]
New iPhone details leak: one of them will be a cheaper version of the iPhone 4. [Reuters]
Report: Tumblr speaking with investors about a $800 million valuation. [BI]
Motorola’s main value lies in just 18 patents. [Bloomberg]
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