TITLE

Microsoft Takes Stake in Facebook, Besting Google

AUTHOR(S)
Shields, Mike
PUB. DATE
October 2007
SOURCE
MediaWeek;10/29/2007, Vol. 17 Issue 39, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that software company Microsoft has taken a $240 million equity stake in the online social network Facebook. Plans for Microsoft to be more involved in Facebook's advertising operations, and to have increased access to information about the website's users, are noted. The author suggests that the strengthening of Microsoft's relationship with Facebook represents a victory over their competitor Google Inc.
ACCESSION #
27296977

 

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