Rohit Aggarwal

October 25, 2007

Tango between Facebook and Microsoft

Filed under: Interesting,Social Networking — Rohit Aggarwal @ 4:47 am

Source: Microsoft wins Facebook bid battle  —  Update: 12:30 p.m. see bottom.  —  After weeks of speculation, Microsoft appears to have won a battle with Google over who would get a stake in Facebook, according to a source familiar with the situation.  —  Microsoft and Facebook were close to a deal, according to the source.

Source:   CNET News.com
Author:   Ina Fried
Link:   http://www.news.com/8301-13860_3-9803689-56.html

Facebook Is Close to Choosing Microsoft or Google for Deal  —  SAN FRANCISCO — Facebook Inc. is close to choosing between Google Inc. and Microsoft Corp. to sell ads for the social networking service outside the U.S., according to people familiar with the matter.

Source:   Wall Street Journal
Link:   http://online.wsj.com/article/SB119323518308669856…

Microsoft to Pay $240 Million for Stake in Facebook  —  Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook.  —  The two companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook.

Source:   New York Times
Author:   Brad Stone
Link:   http://www.nytimes.com/2007/10/25/technology/24cnd…

Facebook and Microsoft Expand Strategic Alliance  —  Microsoft to take equity stake in Facebook; companies expand advertising deal to cover international markets.  —  PALO ALTO, Calif. and REDMOND, Wash. /PRNewswire-FirstCall/ — Facebook® and Microsoft Corp. today announced that Microsoft …

Source:   PR Newswire
Link:   http://biz.yahoo.com/prnews/071024/aqw247.html

Facebook Takes the Microsoft Money And Runs.  —  While the storyline would have been more dramatic if Facebook had spurned its current ad-serving partner Microsoft for Google, it is confirmed that Microsoft has won the deal.  It will invest $240 million in Facebook and expand its existing relationship …

Source:   TechCrunch
Author:   Erick Schonfeld
Link:   http://www.techcrunch.com/2007/10/24/facebook-takes…

Three Reasons Microsoft Underpaid For Facebook  —  It’s official — the truth is less profitable than fiction.  Facebook has secured the cornerstone of its $15 billion valuation with today’s Microsoft alliance.  But at $240 million, that’s only a 1.6% slice of a much larger pie.

Source:   Epicenter
Author:   Terrence Russell
Link:   http://blog.wired.com/business/2007/10/three-reasons…

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