Microsoft pays $240m for stake in Facebook
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SAN FRANCISCO - 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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Facebook will sell Microsoft a $240 million minority stake.
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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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PALO ALTO, Calif. - Mark Zuckerberg is considered the founder of Facebook, the popular social networking website estimated to be worth $1 billion or more.
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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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Beating out Google in a hotly contested advertising deal, Microsoft announces it is making a $240 million investment in Facebook, valuing the social network at $15 billion.
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SHANGHAI, China  - Microsoft Corp. has agreed to pay 94 million yuan ($12.3 million) for a stake in Sichuan Changhong Electric Co., a major maker of televisions and electrical appliances, the Chinese company said on Monday.
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Why does Microsoft think Facebook is worth $15bn? Here are 15 possible reasons....
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U.S. software giant Microsoft  said on Tuesday it would bid 19 crowns per share for Norwegian Internet search software firm Fast Search & Transfer , valuing the company at about $1.2 billion.
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The two companies confirm their partnership, with Microsoft taking a $240 million stake in Facebook as well as gaining the right to sell ads for Facebook internationally.
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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 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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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.
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Microsoft Corp.  has agreed to  pay 94 million yuan ($12.3 million) for a stake in Sichuan  Changhong Electric Co. (600839.SS) and will form a cooperative  alliance with the TV and electrical appliance maker, the  Chinese company said on Monday.
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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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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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SBC Communications SBC.N will pay Microsoft Corp. MSFT.O at least $400 million over 10 years for technology to help SBC sell video services over its upgraded broadband lines, the companies said Wednesday.