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Technology - General

Microsoft Pays $240 Million for Stake in Facebook

http://www.nytimes.com/2007/10/25/technology/25facebook.html?_r=1&ex=135...
Scanned by: Zora Styrian over 4 years ago
The two companies said on Wednesday that Microsoft would pay $240 million for a 1.6 percent stake in Facebook. The investment values Facebook, which is three and a half years old and will bring in about $150 million in revenue this year, at $15 billion.
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Type: News  |  Also: , |
  Tags
microsoft, facebook, advertising, technology, socialnetworking

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