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Microsoft buys Github code-sharing site for $7.5bn

Microsoft has announced it is to acquire the code-sharing site Github.

Github, based in San Francisco, is an online platform that allows coders to collaborate with each other on their work.

It is used by employees at many big companies, including Microsoft.

Microsoft said it was paying $7.5bn (£5.6bn) in stock to achieve the deal, which is due to be completed before the end of the year. It said Github would continue to operate independently.

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