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Facebook May Make Deal With Microsoft

Filed in archive Facebook by Linda Roeder on October 3, 2007

According to TimesOnline, Microsoft wants a 5% share in Facebook and is willing to pay $500 million (US) to get it. Counter offers from other big name Internet companies are expected too.

Facebook May Make Deal With Microsoft

Last year Facebook was offered $1 billion from Yahoo!, but Facebook founder, Mark Zuckerberglinks turned them down because he wants to keep Facebook all to himself. Who can blame him, it's been very successful.

On the other hand, advertising is always needed to keep a big site like Facebook running. That's why they are accepting advertising offers from Microsoft. Will it turn into anything else? That remains to be seen.







Permalink: Facebook May Make Deal With Microsoft
Tags: facebook  mark  zuckerberg  yahoo  microsoft  advertising  buying  buy  counter  offer  2007  social+networking 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/93974

Related Entries:

Brothers Sue Facebook Founder - 26 July 2007

Facebook Grows Up - 14 August 2007

Who Really Founded Facebook? - 04 September 2007

Facebook Über Alles - 12 November 2007

After Yahoo Deal Collapse, Microsoft Mulling Facebook? - 13 May 2008





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