alarm:clock

Social Networking - Monday, September 24, 2007

MSFT Wants To Nibble Off Stake In Facebook

facebook.png
Microsoft is in talks with Facebook to pay $300M-$500M for a 5% stake in Facebook, says the Wall Street Journal. Microsoft has been intimate with Facebook since the two came to terms on a deal where Microsoft is selling Facebook ad inventory. For sure, Google talks nicely about Facebook and they may have talked buyout, as Yahoo did more openly, but Google has more mature social networking lines of business that compete with Facebook.

Why would Facebook sell a stake at this point? The Journal reports that it is considering raising as much as $500M in cash that could be used for acquisitions, investing in computer infrastructure and adding to its roughly 300-person headcount, said the people familiar with the company.

Read - WSJ

Post a comment




Remember Me?


More Recent Articles

ThumbOut With The Old, Wait To Buy The New

Tuesday October 7, 2008

Nobody likes losing money. And because nobody likes seeing their portfolio fall like 49ers did to the Patriots yesterday, we have days like today. Nobody believes in the market so everyone decides to sell. And can we blame the sellers? With unemploy... Full Story

ThumbeBay Does The Right Thing With $945M Buyout of BillMeLater

Monday October 6, 2008

eBay has ventured off with some M&A deals in the past couple of years that challenged the imagination to grasp why these deals made sense. Their explanation for their buyouts of Skype and Stumbleupon must have been painful for their PR staffers. But... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet