Thursday, March 30, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
SpaceX To Launch First Reused Rocket
A Look At Samsung S8's Biometric Technologies
Semiconductor Market Showed Recovery Signs In 2016
Toshiba Investors Approve Memory Chip Sale
Micron's 1xnm DRAM Process Has Low Yields, Says Report
Windows 10 Creators Update Coming April 11
Samsung Galaxy S8 and S8+ Are Official, Along With Bixby And New Gear 360
Razer Blade Pro IS The First THX Certified Gaming Laptop
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, September 25, 2007
Microsoft in Talks to Invest in Facebook: Report


Microsoft is in talks to buy up to 5 percent of Facebook in a deal that could value the fast-growing online social network company at $10 billion or more, the Wall Street Journal reported on Monday.

The move could give maturing Microsoft more access to young users and let Facebook get closer to a major software maker at a time when its growth is increasingly tied to a proliferation of small applications from independent developers on its site.

Citing people familiar with the matter, the Journal said the world's largest software company sought to buy a stake of up to 5 percent in Facebook for $300 million to $500 million.

Facebook may insist on a valuation as high as $15 billion and is considering raising up to $500 million in cash to expand its operations, according to the Journal.

Such a deal could help Microsoft better compete against Web search leader Google for a growing base of online advertising and put one of the Internet's hottest names in Microsoft's camp.

Facebook, which already has an advertising deal with Microsoft, would benefit from closer ties with developers as it seeks to turn its site into a full-fledged Web platform where users can play games, interact and read news about each other.

Google has also expressed an interest in investing in Facebook, the Journal report said.

Facebook has grown to 39 million members, up nearly 63 percent from 24 million in late May, and is quickly gaining ground on larger rival MySpace, which was taken over by News Corp in 2005 for what is now seen as a bargain price of $580 million. MySpace has more than 200 million users.

Microsoft also has an agreement with popular news site Digg.com.


Previous
Next
Pioneer Approved as Trademark in China        All News        Elpida Memory Achieves 1066Mbps 2-Gigabit DDR2 SDRAM
Windows Server 2008 Release Candidate 0 Ready for Customer Review     General Computing News      Starbucks to Offer Music As New service Starts

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Announces Patent License Agreement with Toyota
Adobe, Microsoft To Offer Solutions That Share Sales Data
Microsoft and Steelcase Present Concepts For The Future Workplace
Microsoft's Outlook.com Premium Emal Service Now Available
Microsoft To Give A Face Lifting To Windows 10 With 'Project NEON'
Microsoft Edge Will Soon Get New Features
Cloud Services Boost Microsoft's Sales And Profit
Microsoft Announces Intune for Education And New Windows 10 PCs for School
Microsoft, NXP Semiconductors, IAV and Auto Mobility Partners showcase Technologies For Safe And Personalized Automated Friving at CES 2017
Microsoft Partners with TomTom Mapping Company On Azure
European Commission Approves Acquisition of LinkedIn by Microsoft, Subject to Conditions
Microsoft Is Careful With New Chatbot Zo, Now Available For Testing

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .