Microsoft 'mulls Facebook stake'

[gkd_uk]

Microsoft is reported to be in talks to buy a stake in Facebook that could value the social networking website at as much as $10bn (£5bn).
The talks could lead to a showdown with Microsoft's rival, Google, which is also keen to invest in Facebook, the Wall Street Journal says.

The newspaper says Microsoft wants to buy up to 5% of Facebook, for a price between $300m and $500m.

Microsoft and Google both declined to comment on the report.

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[temi]

Good for them

 

[HypaCast]

The owner of Facebook is only about 21 and is apparently in a billion dollar law suit with his old college mates as they are saying he stole their idea! Wonder how much the law suit would be if big companies weren't interested in it..?

 

[temi]

This is common, I mean the 'stole my idea' stuff