Facebook Acquires Hot Potato

The social media network Facebook has acquired the company Hot Potato, an events-based service headquartered in Brooklyn, NY. According to TechCrunch, the startup was purchased for $10 million dollars in cash. Hot Potato announced the acquisition in a blog post earlier today:

It’s been an exciting year at Hot Potato. Since going live last November, we’ve been inspired and energized by your reaction to the service and people’s appetite for socializing around activities and live events.

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