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Microsoft to Buy 5% of Facebook Valuing at $10bn

Posted by ryuzaki0 on from the wish-i-had-a-billion-dollars dept.

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."

2 of 216 comments (clear)

  1. wow by jgarra23 · · Score: 0, Redundant

    That's a lot of moolah. I'm surprised with all the FB/MS hugging going on that Facebook is running PHP

  2. 10 Billion Dollars Sounds LIke A Mde up Number by illectro · · Score: 0, Redundant

    34 Million users => each user is worth 300$???