Microsoft scores minority deal with Facebook for $240 million

October 24, 2007

News: Microsoft beat Google in buying a minority stake (of $240 million) in the social networking site Facebook. The deal valued Facebook at a whopping $15 billion. That’s awesome for a company 4 years old. (More)  Tech Crunch has the press conference and the press release available here.

Analysis: A definite coup for Microsoft.

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