Microsoft invest heavily in Facebook

[HEXUS]

The battle between Google Inc and Micrsoft to invest in the online social networking site Facebook has come to a conclusion with the latter agreeing to a 1.6 percent stake in the company.

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[themaidenmaniac]

Beastly. Does this mean facebook is going to be flooded directly by Microsofts advertising then

[mycarsavw]

I thought Facebook was closing down?

[pepsi_max2k]

BBC NEWS | Business | Microsoft buys stake in Facebook

Microsoft has paid $240m (£117m) for a 1.6% stake in Facebook that values the hugely popular social networking site at $15bn (£7.3bn).

$15bn.


FIFTEEN BILLION!!!!


hahahahaha well that's my laugh for the day then

[Dr_Ub3r]

mammoth $240 million dollars

bet that is just what Steve Ballmer had in his back pocket rofl.

[Funkstar]

I thought Facebook was closing down?

where on earth did you get that idea?

[UltraMagnus]

they were being sued, or something.

but this worries me, seems like they are trying to get at my personal details even harder now...

[mycarsavw]

where on earth did you get that idea?

If my sarcasm-o-meter is on the blink I apologise.

I get invited to join a "QUICK Farcebook is closing down in a weeks time, join this group to save it!!!111" group every other week.

Something about a lawsuit, some irked coder, and some other rubbish.

[Funkstar]

heehee

I got ya

[me5354]

Please remember that money also goes in to the "Advertisement" deal Microsoft is having with Facebook.

Adverts + 1.6% stake = $240mill

AND NO Facebook is NOT worth $15bn, thats just ridiculous.