Microsoft beats Google to Facebook stake
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Microsoft Corp  beat out Google  Inc  on Wednesday in a battle to invest in socializing  Web site Facebook, agreeing to pay $240 million for a 1.6  percent stake in the Web phenomenon.
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InfoWorld - Google beat Wall Street&#39;s expectations for its fourth quarter, ended Dec. 31, 2006, as the company continues on a tear, selling search engine advertising much faster than its biggest rivals and than the industry average.
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Facebook and Microsoft Corp on  Wednesday said the world's largest software maker will become  the exclusive provider of banner advertising and sponsored  links on the social networking Web site as part of a strategic  alliance.
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Why does Microsoft think Facebook is worth $15bn? Here are 15 possible reasons....
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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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Facebook will sell Microsoft a $240 million minority stake.
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Microsoft will take a 240-million-dollar stake in the wildly popular social-networking website Facebook as part of an expansion of the strategic alliance of the two firms, the companies said Wednesday.
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No, Facebook isn't a $15 billion company. Yes, Microsoft is smart.
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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.
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SAN FRANCISCO/NEW YORK  - Microsoft Corp   offered to buy Yahoo Inc  for $44.6 billion, in a bold  bid to transform two ailing Internet businesses into a worthy  competitor for market leader Google Inc .
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Microsoft is apparently looking to purchase a five percent stake in social networking site Facebook, the Wall Street Journal reports.
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Gets international advertising rights It was the worst-kept secret in the internet industry, but today Microsoft proved all the rumor-mongers right by confirming that it is taking a stake in Facebook, and shutting Google out of the social networking website.â¦
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GoogleÂs shares gained $14.60, or 3 percent, today to close at $509.65, passing the $500 mark for the first time.
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Shares of Web Search leader Google Inc.  on Tuesday surged past the highly anticipated $500 milestone for the first time, continuing its strong climb since it became public company in August 2004.
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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. has approached Facebook Inc. in recent weeks proposing an investment that would give Microsoft a 5% stake in the popular social-networking company, The Wall Street Journal reported.
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BREAKING NEWS - This afternoon, Microsoft won the apparent battle for an equity stake in social networking applications provider Facebook, making a $240 million equity investment in the company. In exchange, Microsoft will become the exclusive third-party supplier of Facebook's advertising platform.