Microsoft Buys Stake in Facebook
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The investment ends two months of jockeying among Microsoft, Google and Yahoo for the right to invest in and forge close ties with the fast-growing social networking Web site.
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The Washington Post Company said yesterday that it had purchased Slate, an online magazine owned by Microsoft. The sale completes Slate&#39;s transformation from an experiment in the new media in 1996 to a respected brand name in journalism.
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Microsoft's $240 million investment is much smaller than the rumored $750 million that Facebook sought. Why the difference? Epicenter's Terrence Russell analyzes the deal.
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Social networking site Facebook has acquired Parakey Inc., a start-up run by the founders of the Firefox Web browser project, with the goal of entering the business of Web-based operating systems.
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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 two firms' strategic alliance, the companies said Wednesday.
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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 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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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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Facebook Inc., the owner of the Internet's second most popular social networking site, said Thursday that it bought Parakey, a startup run by two of the engineers that helped build Firefox's popular Web browser.
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The Wall Street Journal reports that Microsoft may take a stake of up to $500 million in social network, which could push valuation toward the $10 billion mark.
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Microsoft Corp  said on  Wednesday it would pay $240 million for a minority equity stake  in Facebook in a deal that values the social networking Web  site at $15 billion.
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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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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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Microsoft Corp said on Wednesday it would pay $240 million for a minority equity stake in Facebook in a deal that values the social networking Web site at $15 billion.
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Social networking site, Facebook, believed to be in negotiations with Microsoft.
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These days, numbers just seem to blur together. Microsoft is thinking about paying $500 million for 5 percent of Facebook, which would make that company worth $10 billion. VMware, in which parent company EMC recently sold a stake to the public, is currently valued at $30 billion (that's just for VMware, not the whole of EMC).
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The firm is poised to buy a 5% share in the popular social networking website, according to reports.