October 24, 2007
Report: Microsoft & Google Compete To Own Stake In Facebook
Online Faceoff from NY Post reports Google is in a heated battle with Microsoft to own a stake in Facebook.
The two companies would like to own a 5 percent and 10 percent stake in Facebook to leverage the huge opportunity of advertising revenue from the site amongst other opportunities that come with owning a stake in a company with such a large user base. Microsoft is reportedly willing to spend more than they think the company is worth to beat out Google in securing an investment in the company.
Filed under Search Engines by Barry Schwartz
