Microsoft Buys Stake in Facebook

The two companies said on Wednesday that Microsoft would pay $240 million for a 1.6 percent stake in Facebook. The investment values Facebook, which is three and a half years old and will bring in about $150 million in revenue this year, at $15 billion. Full Story »

Posted by Mark Mayhew

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Matisse Enzer
3.4
by Matisse Enzer - Oct. 1, 2008

Perhaps not as informative as the Wired story on the same subject.

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