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Microsoft turns its attentions to Facebook

Alex Christie

8 May 2008

Although Microsoft Chairman Bill Gates said that his company isn’t pursuing any other major deals immediately
following its failed $47.5 billion takeover bid for Yahoo, it is now being reported that they have made subtle enquiries regarding Facebook (I suppose not that subtle if it is in the news) .

Last October, Microsoft bought a $240m stake in Facebook, which is about 1.6% of its worth. However Facebook founder Mark Zuckerberg has previously resisted selling the
entire company, favouring the idea of a public offering.

I wonder who else in Web 2.0 should be expecting calls…

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