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Facebook Sells Little Toe to Microsoft for $250 Million

by David Evans on October 24, 2007   in Finance

Big news, Microsoft paying $240 million for a sliver of Facebook, 1.6% to be precise. What does this mean to the user? Not much, It’s just corporations doing business with each other.
Google has a $900 million ad revenue sharing deal with Myspace. Microsoft gets same along with with equity in Facebook. Don’t forget, the two [...]

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