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Microsoft + Facebook – The Next Microsoft Acquisition ?
Category: Business, Internet | 
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Microsoft + Facebook – The Next Microsoft Acquisition ?
According to sources close to the company - Microsoft’s bankers have been putting out subtle signals to Facebook to see if it would be open to a full buyout of Facebook.
Microsoft already invested $240 million, back in October 07′ in Facebook, the social-networking site… hence the wacky current $15 billion valuation.
No word on what Facebook’s reply was, although Harvard University dropout, 23 year old Facebook CEO and Founder, Mark Zuckerberg has long said he’s not interested in selling the company.
Zuckerberg owns a 20 percent share of Facebook, which is now valued at $3 billion. Accel Partners, the venture capital firm that invested $12.7 million in May 2005 and owns 11 percent of Facebook, now holds stock worth $1.65 billion.
Facebook spokeswoman Brandee Barker declined to comment on the report. Read more »
Yahoo-aol-google Alliance Created To Fend Off News Corp-microsoft Takeover
Category: Business, Internet, Technology - Misc | 1 Comment
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Yahoo finally takes up Google’s offer to form a strategic partnership to fend off hostile takeover by Microsoft. Google’s CEO Eric E. Schmidt, placed a call to Yahoo’s chief, Jerry Yang, offering Google’s help in fending off Microsoft, possibly in the form of a partnership between the companies back in early February of this year , shortly after Microsoft announced Feb 1st 2008, it’s plans to take-over Yahoo for $44.6 Billion or $31.00/share.
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Eric Schmidt, Google CEO
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