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Microsoft to Buy 5% of Facebook Valuing at $10bn
l-ascorbic writes "The Wall Street Journal is reporting that Microsoft is poised to buy 5% of Facebook for $300 million to $500 million, valuing the company at up to $10 billion. Microsoft already handles advertising for the site."
Maybe if we all *poke* Bill Gates, we can get him to stop.
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Mark Zuckerberg would like to keep it independent apparently.
In any case, register your complaint by joining this group
http://www.facebook.com/group.php?gid=6197556554
Everyone knows that joining a group on Facebook can move mountains and change the world...
Summation 2
As long as I can still play Scrabble, I don't care!!!1
Actually, this input from Microsoft might help to fix the problems that Scrabulous seems to suffer every day... right, gang?? As you can see, I only use Facebook for Scrabble. There must be a group for me.
of Ballmer and Gates doing Jello Shooters at a rager.
Microsoft calculated the cost per user of these shares in Excel 2007, and found that every user of Facebook would pay them several thousand dollars.
I'm sure Steve Ballmer discussed this with Rupert Murdoch over drinks.
"So how are profits from your MySpace purchase, Rupe?"
"Oh, well ..." said Murdoch, looking nervous. "Actually, great. Great! It's going to be worth billions real soon now." He laughed icily at his own irony.
"Really? Because we were thinking of buying a stake in Facebook at Microsoft."
"Oh, you should totally do it," said Murdoch, grinning wildly.
"Yeah, we thought the developers would love using it on a sort-of group connection to MSDN."
"Do it! There's nowhere for these social sites to go but up."
"And we're thinking of extending the Welcome to the Social campaign to include it."
But Murdoch was laughing to hard to hear the rest.
I think instead they should just buy every user an Xbox 360. . .
disclaimer: I've been known to store numbers in my ass for which to dig out when quantities are required.
In any case I will be leaving if MS buys facebook.
;-)
Sure you will. Right after you meet that lass in a pub that wants to be your "friend...."
I want the minute of my life that it took to read that back.
Done with slashdot, done with nerds, getting a life.
Yeah! And can't a crackhead just admire your car stereo?
<xml><I><am><so><damn>Web 2.0</damn></so></am></I></xml>
Wikipedia reports it as "MIKE IS GAY", what does that make it worth?
-nick
All of your face are belong to us.
1/3 of jokes get modded OT. If you get the joke, mod 1 in 3 insightful/interesting/underrated to restore karma balance.
Next month it will be worth ONE HUNDRED BILLION DOLLARS, and the month after it'll be worthless. I believe you mean "Bubble 2.0."
Kwisatz Haderach
Sell the spice to CHOAM
This Mahdi took Shaddam's Throne
"now the trend is myspace and facebook"
I don't think any of those sites you mentioned before were ever as popular or had as many users as myspace. Maybe some numbers will help but myspace is the godfather now and none of those other sites ever made mainstream news.
Myspace set the standards on what a social site is supposed to be and even if it was not much there; livejournal was more of a nerdish/power users site and facebook was used more by collage students and lots of South Americans(its the myspace of South America). Everyone has a myspace account and the last couple years everybody has filled out their info; most of the myspace people have begun to set their profiles as private because they have gathered most of their friends or people they knew in high school.
I know the trendy thing around Slashdot is to dismiss/hate places like Myspace as a plague because they cannot enjoy it or it gets too popular; but millions of people do enjoy it just like Microsoft products.
I did the same calculations using Microsoft Excel 2007 and came up with an answer of $200... wait... $240... no, $280...hmmm... 65535... %%%DIVIDE BY ZERO%%%.....ARGGH!
Maybe this time around we can crowdsource a Web 2.0 revenue model to capture all those eyeballs, and implement it on a scalable platform using best-of-breed licensed and open source technologies.
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Quite impressive that PHP was able to model itself on Microsoft software that didn't exist yet
Homme petit d'homme petit, s'attend, n'avale
3) They are also making Sally's stalker upset because he WANTS the hi-resolution photos. Sally's stalkers lose out completely, and considering a large amount of us on slashdot stalk Sally, it hurts expecially bad.