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post Facebook

April 9th, 2008

Filed under: Internet — Tom @ 9:17 pm

Facebook has sold a 1.6% claim ot Microsoft. For the privilege Microsoft has paid the sum of 240 million dollars. While that alone is impressive, whats more important here is that Microsoft beat its arch nemesis to the punch. Google is also interested in acquiring a piece of the Facebook pie.

Why?

Simple. Facebook has 50 million active users, and Google makes its money primarily in advertisements. For example, last fiscal year Microsoft made 1.84 billion dollars, and while thats a huge jump up for Microsoft, up 21% to be exact, Google made more than 13 billion. Now it seems that Microsoft wants to get a jump on some things. I can help but wonder if we will see MySpace type of technology entering into Facebook, I wonder is a huge merger between the social networks will occur.

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