Wall Street Journal reports moments ago that Microsoft just agreed to invest $240 million for a minority stake at Facebook (Google). The companies have discussed a valuation for Facebook as high as $15 billion.
Google Vice President Tim Armstrong declined to comment on any Google discussions with Facebook.
User distribution for social networking sites by the end of 2007 - Research Data
Source: DataMonitor (Google)
- 35% = Asian
- 28% = Europe + Middle East +e Africa
- 25% = North America
- 12% = Caribbean
- Microsoft to Pay $240 Million for Stake in Facebook / 2007-10-25 / New York Times
- Microsoft Pays $240 Million for Stake in Facebook / 2007-10-24 / Bloomberg
- Google News Launches Facebook Application / 2007-10-20 / Slashdot