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Topic - David Sacks
Hundreds of people in the District spent Christmas helping those in need — embodying President Obama's call to community service and spreading holiday cheer throughout the area.
Microsoft is buying Internet startup Yammer for $1.2 billion in an attempt to bring Facebook-like sharing features to its widely used suite of business software applications.
"Our thinking was based on the fit with Microsoft and the fact that we think Microsoft is a great partner for us in expanding the service and taking it to the next level," Sacks said.
Sacks said the frosty conditions in the IPO market didn't influence Yammer's decision to sell to Microsoft.