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Fri
09
Nov
Dennis Faas's picture

Microsoft's Intentions for Facebook Revealed

A few weeks ago, Microsoft and Facebook announced their happy eloping, an arrangement that included an astounding $240 million wedding ring. Now, it's becoming clear just what that money will mean for Microsoft and perhaps more importantly the ... millions of Facebook fanatics. Since the purchase, Facebook and Microsoft have enjoyed a tumultuous honeymoon. In fact, some analysts argue that Microsoft paid too much for its share (1.6%) of the social networking site, leaving company executive Steve Ballmer to retort, "The valuation of Facebook is still to be determined. Certainly today, it's very, ... (view more)

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