Monday, May 19, 2008

Microsoft Beats Google in the Facebook Minority Stake Purchase

We are the first to break this new. It has been confirmed that Microsoft has bought a stake in Facebook.com beating Google to the punch.
Google representatives commented that they “have tremendous respect for Microsoft”
More information to come on the deal soon, but most expect it to be a 10% stake in facebook.com for approx. $1.5 billion, valuating Facebook.com at $15 billion, 6 times that of Youtube when it was purchased.

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