June 28th, 2011
06:24 PM GMT
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(CNN) - Greece vows to sell many state-owned assets and catch up to what European countries started doing back in the 1980s. So, better late than never. But can Greece really sell £50bn worth of assets as promised?

There are many challenges. Firstly, the unions don't want to see state employees go to work for private firms and of course face massive job cuts.
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June 28th, 2011
05:50 PM GMT
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(CNN) - Foursquare, the internet business which started out as a social game, allowed users to 'check-in' to locations, pick up 'badges' and become 'mayors.'

That was then, but things change fast in the faddish world of online. Its focus is now moving to the more serious, real world business of payments, coupons, offers and retail.

To fuel this reinvention, co-founder Dennis Crowley and Naveen Selvadurai announced that the business recently raised $50 million from their current Silicon Valley venture capital backers who have a good track record of picking winners (think Facebook, Skype, Groupon and Twitter).
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