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* The Wall Street Journal reports that Twitter is looking to raise a new round of private funding that would result an influx of hundreds of millions at a new valuation of $7 billion. The news comes just seven months after the social network raised $200 million at a valuation of $3.7 billion. (Wall Street Journal)
* Facebook may reveal Skype integration later this morning at a press event which would mean native video chat for all of its 700 million active users. The timing would be particularly interesting given last week's launch of Google + and its excellent group video chat feature, "Hangout." (TechCrunch)
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