Monday, September 24, 2007

Microsoft In Talks to Buy Facebook Stake

According to the Wall Street Journal, Microsoft is in talks with Facebook about acquiring a stake of up to 5% in the social-networking site.

Microsoft's investments could could value Facebook at $10 billion or more, according to people familiar with the matter.

Google has also expressed strong interest in a possible Facebook investment, and the talks could set up a face-off between the tech titans.

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