There has even been speculation that Euronext and Deutsche Boerse could merge with each other, leaving the LSE isolated.

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Going forward, expect multiplayer online games to merge with each other and with social networking sites like Facebook and LinkedIn.

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When the Indian market opened up, he recalls, Indian companies thought they would all have to merge with each other, because years of protection had made them too weak to face the new foreign competition.

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"Movies, TV programs, music, games and communications will merge seamlessly with each other, " he says.

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