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Since we're all part of the Ning-thing by way of SPANnet, and some of us may be considering creating our own Ning.com network, the news coming out of corporate is bracing. Ning.com is a great social network service, and what they provide is certainly worth paying for, but it sounds like things at Ning are not too stable as they try to move from free to paid. Here's the TechCrunch story:

Ning's Bubble Bursts: No More Free Networks, Cuts 40% of Staff

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