Crazy frog millionaires invest in Facebook
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Taking on the world, one annoying product at a time The three brothers who coined millions from the Crazy Frog phenomenon have followed Microsoft in taking a stake in Facebook.â¦
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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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InfoWorld - Microsoft has approached Facebook&#160;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 planning to invest  up to $250 million for a minority stake in social networking  site Facebook.com, The Wall Street Journal reported on its Web  site on Wednesday.
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Online social network Facebook is  close to reaching a deal with Google Inc  or Microsoft  Corp  for an investment that would value the company as  high as $15 billion, according to media reports on Wednesday.
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Blog: The social network for spewing random thoughts is on the road to raising its first round of venture funding.
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The company is considering an investment of between $300 million and $500 million for less than 5 percent of Facebook.
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It couldn't happen to a better set of people. As 'BusinessWeek' reports, MySQL is well on its way to an IPO. The interesting thing is what it's doing to get there. From CNET's Blogs network.
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Investor's Business Daily - Three years ago, some dismissed social networking Web sites as a fad, a place where the geek-minded could fluff their personality on a Web page.
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A Forbes writer reportedly overheard that two New York-based hedge funds have infused the social network with something in the neighborhood of $250 million.
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Facebook has become such a popular social networking site that some companies are betting their businesses on it.Participants in a panel at the Web 2.0 Summit conference in San Francisco Thursday cited the impact of Facebook."We looked at the Facebook platform before it launched and came away with the conclusion that this could be the greatest paradigm shift in technology since the Internet itself," said panelist Ali Partovi, CEO of the iLike music discovery service.iLike bet close to 100 percent of its business on Facebook, he said."We made a very big bet. We basically decided to halt work on our own Web site and spent the next [several] weeks that we had building a Facebook application," Partovi said. iLike's own Web site, meanwhile, is used to drive traffic to the Facebook application, he said."Literally, within the first 24 hours, our Facebook registrations exceeded the rest of our Web site," by a dramatic amount, he said. In the first 12 hours, iLike signed up 10,000 users, followed by 10,000 more in the next three hours and 10,000 more in the next two hours, he said.Facebook application developer Slide is probably allocating 35 percent of its efforts to the site, said Slide Vice President Keith Rabois. Slide decided to invest in Facebook because it created an open environment that encouraged developers to make money for the first time."That has been a sea change," Rabois said.Facebook opened the floodgates for a raft of innovations, said Seth Goldstein, CEO and co-founder of SocialMedia, which also has developed applications for Facebook. Facebook has 2 million users, half of whom use it daily, he said."There's a level of engagement," inside the Facebook platform, he said.Another panelist noted Facebook widgets. "The neat thing about the Facebook platform is you can actually talk to friends through widgets, thorough the APIs," said Lance Tokuda, CEO of the RockYou photo-sharing site.
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Gullible time-rich polyglot? Facebook wants you! Facebook is headed for a problem. In the wacky innovation-lite and revenue-poor world of web 2.0, you have to be able to show your investors and the hordes of "I want to believe" journalists some sort of growth.â¦
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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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Online social networking  phenomenon Facebook Inc said on Monday its backers have created  an unusual $10 million fund to dole out grants to start-ups  with ideas for innovative Facebook applications.
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Social networking site Facebook has bought internet start-up Parakey.
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For Google, buying a piece of Facebook would have been, well, nice. But for Microsoft, sealing the deal was an absolute necessity.
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By MICHAEL LIEDTKE PALO ALTO, Calif. - As Facebook.com's mastermind, Mark Zuckerberg is sitting on a potential gold mine that could make him the next Silicon Valley whiz kid to strike it rich.