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WSJ: Microsoft, Google Considering Facebook Stake
*Source: BetaNews (http://www.betanews.com/article/WSJ_...e/1190663957)*
______ Microsoft is apparently looking to purchase a five percent stake in social networking site Facebook, the Wall Street Journal reports. The move is valued at some $300 to $500 million, which would place a value on the company of anywhere between $6 and $10 billion. The Redmond company is not the only one eyeing the site: Google is also said to be interested as well. With two of the tech industry's biggest heavyweights vying for a stake in Facebook, it could push the value of the site even higher. However, talks are in the very early stages and could still fall through, WSJ sources say. More... |
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