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According to a source close to Google, the company has put a stop to all acquisitions related to Google+ until at least the end of the year. This source also tells us that Google is not growing the Google+ right now and not providing the team with any additional resources until the end of the year. The Google+ project itself is not on hold, but if this rumor is indeed correct and Google is cutting back on expanding the team's resources, this could be an indication that Google+ isn't doing quite as well as the company's public comments would indicate.
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