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Facebook Was Reportedly Looking to Buy FitBit, and Move Into the Wearable Space

One of the biggest tech industry news stories of the week was Google's pending acquisition of FitBit for $2.1 billion, which will enable the search giant to make a big move into the consumer wearables space.
But another interesting angle to this story is The Information's report that Facebook was also looking to purchase the wearable provider, though it offered significantly less than the final agreed price.

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