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With a nod to the Valley, CBS Interactive shuffles management...

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CBS Interactive, the media giant's digital division, has announced the opening of a Silicon Valley office and an executive reshuffling to focus on growth, President Quincy Smith announced Thursday.

The CBS Interactive satellite office in Menlo Park, Calif., has opened, with its eye on tech partnerships and acquisitions. The Valley branch will "allow the company to better facilitate existing partnerships in the area, and future ones as well," a release from CBS explained.

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