MS looking to invest in Facebook
Tuesday, September 25, 2007
Software Giant and makers of the Xbox console Microsoft are interested in buying 5% of online community site Facebook. For Facebook this would add an extra $15 billion in terms of value to the compan, which shot to fame in a very short time span. the actual value for the shares is an estimated $400 million.
Facebook, which is led by its 23-year-old Chief Executive Mark Zuckerberg, wants to raise money to expand its operations.
Google is also rumored to have interest in Facebook.
Facebook, which is led by its 23-year-old Chief Executive Mark Zuckerberg, wants to raise money to expand its operations.
Google is also rumored to have interest in Facebook.
Labels: google, internet, myspace, privacy, social networking, tech, technology, web 2.0