Microsoft buys Facebook stake for $240M
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Rapidly rising Internet star Facebook Inc. has sold a 1.6 percent stake to Microsoft Corp. for $240 million, spurning a competing offer from online search leader Google Inc.
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Microsoft Corp is talking to Facebook about an investment in the company that could value the fast-growing social network at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
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Facebook will sell a $240 million minority stake to Microsoft, which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.
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Technology giant Microsoft Corp   said on Friday that it had offered to acquire Internet  media company Yahoo Inc  for $44.6 billion in cash and  stock.
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Microsoft yesterday announced a $240 million deal with Facebook, giving the technology giant a minority stake in the popular social networking site and the exclusive rights to sell worldwide advertisements that target Facebook's 50 million members.
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Microsoft is rumored to be interested in investing in Facebook, in a deal that would value the social network at $10 billion or more. Just what else could you buy with $10 billion? It's the GDP of Bolivia, for starters.
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Microsoft Corp is in talks to buy up to 5 percent of Facebook in a deal that could value the fast-growing online social network company at $10 billion or more, the Wall Street Journal reported on Monday.
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Rich Zygler asks in one of his recent blog posts, if Microsoft purchasing a 240 million dollar chunk of Facebook is a good thing for the language it's written in - PHP.   Microsoft is buying a piece of Facebook. What do we all think this means for PHP since Facebook is one of the "web 2.0" leaders built on PHP? The way I see it, [there] are [six] options.   Among the possible outcomes he lists are things like Microsoft rewriting the site, Facebook continues as it is or (next to impossible) Microsoft sees the error of its ways and fully embraces open source.
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Microsoft Corp is talking to Facebook  about buying a minority stake in the fast-growing online social  network that could value the company at $10 billion or more,  the Wall Street Journal reported on its Web site on Monday.
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Following a deal last August in which Microsoft agreed to handle all ad sales for popular social networking site Facebook, the Redmond company has signed a similar agreement with social news site Digg. Microsoft is working hard to establish itself in the ad industry, but faces stiff competition from Google.
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Microsoft has approached FacebookÂ in recent weeks proposing an investment that would give Microsoft a stake of up to 5 percent in the popular social-networking company, The Wall Street Journal reported Monday.
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Microsoft Corp  is talking to Facebook about an investment in the company that could value the fast-growing social network at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
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Microsoft Corp on Friday said it had offered to acquire Yahoo Inc in a proposed cash and stock deal valued at $44.6 billion.
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Microsoft Corp  is talking to  Facebook about an investment in the company that could value  the fast-growing social network at $10 billion or more, the  Wall Street Journal reported on its Web site on Monday.
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After CNET News.com reported it earlier today, the Redmond tech giant has taken a $240 million stake in the red-hot social network.
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OSLO/NEW YORK  - Microsoft Corp  made a  $1.2 billion offer to buy Norwegian Web search software company  Fast Search & Transfer  in a deal that would help the  world's largest software maker expand into the market for  business-oriented search.
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SAN FRANCISCO/NEW YORK  - Microsoft Corp   made a bid to buy Yahoo Inc  for $44.6 billion, seeking  to join forces against Google Inc  in what would be the  biggest Internet deal since the Time Warner- AOL merger.