Facebook Values Itself at $3.7 Billion (Or Less)

When Microsoft bought a 1.6 percent stake in Facebook back in October 2007, it paid 240 million dollars for the preferred stock, which meant that the company was valued at roughly 15 billion dollars. A big discussion broke out over whether Facebook was really worth that much, or 15 billion was an unrealistic number. ItContinue reading “Facebook Values Itself at $3.7 Billion (Or Less)”

Microsoft Attempts Another Low-Cost PC Solution for India

AMD and Microsoft, two great tastes that taste great together, are teaming up to sell a new PC, the IQ, in Bangalore and Pune, India for about $513. The PCs run Windows Vista Basic — no flying windows for you, kids — and Works along with some test prep and English learning programs as wellContinue reading “Microsoft Attempts Another Low-Cost PC Solution for India”

Yahoo’s bid to buy Facebook

According to the Wall Street Journal, Yahoo has offered Facebook an amount that could be approximately $1 billion in a bid to purchase it. Facebook is second largest social networking website in the US. Yahoo has been talking to Facebook over the past year.  Facebook also had discussions with Microsoft and Viacom. Earlier as wellContinue reading “Yahoo’s bid to buy Facebook”

Facebook Ads, Powered by Microsoft

Hot on the heels of the MySpace-Google deal comes news from the NY Times that Facebook (Facebook) have inked a three year agreement with Microsoft, making adCenter the exclusive provider of banner ads and sponsored links on the site. The deal is quite clearly a reaction to the MySpace (MySpace) ad deal, since the seriousContinue reading “Facebook Ads, Powered by Microsoft”