Microsoft Is in Talks To Buy Facebook Stake
It was just reported in The Wall Street Journal that Microsoft is in talks to acquire up to a 5% stake in facebook. This is big technology and business news.
WSJ: Microsoft is in talks with Facebook about making an investment in the social-networking startup that could value Facebook at $10 billion or more... Google has also expressed strong interest...
If successful, Microsoft's talks with Facebook could give it an up-to-5% stake in the closely-held startup—a stake potentially valued at roughly $300 million to $500 million. The discussions are still preliminary and Facebook could wind up not taking an investment from either Microsoft or Google. Factors in the discussions include the valuation the suitors would offer to Facebook and other business considerations they could contribute to sweeten any deal.
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