Hide your secret files INSIDE photos, videos or other files with OmniHide PRO.

Microsoft to invest $240 million for a 1.6 percent stake in Facebook


Microsoft just announced that it would invest $240 million for a 1.6 percent stake in Facebook. The social networking site is now valued at $15 billion.

FacebookAs part of the deal, Microsoft will start selling ads for Facebook worldwide. By investing $240 million, Microsoft is not really going to have any control over Facebook or even any better chance than anyone else to acquire it if its backers decide to sell.
[Via NYtimes]

 
Discover upcoming movies
 

Comments are closed.

 
 

Categories