Walmart’s Shopping List

by takingpitches

Walmart is buying a “social media firm” called Kosmix for $300 million.  Many folks are scratching their heads as to what Kosmix brings (something called “social genome” technology) and how it fits into Walmart (perhaps by analyzing the troves of social media data to identify product trends or target customers) , but what’s most interesting is if Walmart and others are getting in the ring along with the usual tech suspects (Google, Yahoo, Microsoft, etc.) as potential acquirers, this is great from an entrepreneur’s perspective and should give investors even more reason to be loose with the funding purse strings.

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