Slashdot Mirror
Microsoft to Pay $240 Million for Stake in Facebook
Nrbelex writes to mention The New York Times is reporting that Microsoft has beat out Google and Yahoo for a 1.6% stake in Facebook. The investment will cost Microsoft $240 million valuing the total site at somewhere around $15 billion. "The astronomical valuation for Facebook is primarily evidence that Microsoft executives believed they could not afford to lose out on the Facebook deal. Google appears to be building a dominant position in the race to serve advertisements online. Fearing it might lose control over the next generation of computer users, Microsoft has been attempting to match and in some cases block Google's plans, even if that effort is costly."
Not trolling, curious, and not about to set up a page just for the fun of it.
I am curious, but yellow.
ceci n'est pas un sig.
I look to keep my kids safe and keep the perverts away...
You must be one of those stupid americans I hear so much about. Move along - nothing to care about in that country.
Don't worry, some worthless pile of crap moderator who just finished sticking carrots in his eyes decided to mod my post "Overrated". It's a good thing we have adolescent donkey fuckers getting mod points.
The world's burning. Moped Jesus spotted on I50. Details at 11.