Microsoft Looking for Face Time?
Sounds like Microsoft has growing interest in a different kind of networking
-- not the routers-cables-servers kind of networking, but the profiles and pages
of social networking.
According to reports just published in The Wall Street Journal, Microsoft
may soon be scooping
up as much as 5 percent of the privately held Facebook for anywhere from
$300 to $500 million. That would put Facebook's value at about $10 billion.
Microsoft already has an advertising agreement with Facebook. This move may
be intended to keep archrival Google out of Facebook as a revenue stream. So
far, reps from both Microsoft and Facebook are keeping a poker face about their
intentions.
Have you ever used Facebook or any of the other social networking sites? Do
you think this is a sensible area in which Microsoft should invest? Network
with me and let me know at [email protected].
Posted by Lafe Low on September 26, 2007 at 11:57 AM