Showing posts with label google. Show all posts
Showing posts with label google. Show all posts

Tuesday, September 25, 2007

MiscrosoftBook

Well everyone knows that the social networking site Myspace is owned by Rupert Murdoch and it seems that Myspaces biggest competitor, Facebook is now being courted by another media giant, Microsoft.

According to this New York Times Article Microsoft and Facebook began talking yesterday. This is an interesting development in Facebooks's history as almost half a year ago the site 23-year old founder Mark E. Zuckerberg turned down $900 Million dollars from Yahoo for an outright buyout.

Now it seems that Microsoft may be offering 300-500 million dollars for a percentage of the compnay, these figures would of course escalate as Microsoft's \competitor has already expressed interest as well.

This relationship isn't entirely new either, as for the past year Microsoft has put advertisements onto the site, and for the past 4 months Facebook has opened its programming allowing any company or person to make an application or company profile (Wal-Mart, target etc. )

I guess everyone has a price