Thursday, October 25, 2007

What does Microsoft's $240 million investment into Facebook mean?

The following posts provide a thorough review of the Microsoft/Facebook deal from many angles:

Brad Stone / New York Times:
Microsoft to Pay $240 Million for Stake in Facebook — Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook. — The two companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook.
RELATED:
Ina Fried / CNET News.com:
Source: Microsoft wins Facebook bid battle — Update: 12:30 p.m. see bottom. — After weeks of speculation, Microsoft appears to have won a battle with Google over who would get a stake in Facebook, according to a source familiar with the situation. — Microsoft and Facebook were close to a deal, according to the source.
Wall Street Journal:
Facebook Is Close to Choosing Microsoft or Google for Deal — SAN FRANCISCO — Facebook Inc. is close to choosing between Google Inc. and Microsoft Corp. to sell ads for the social networking service outside the U.S., according to people familiar with the matter.
Erick Schonfeld / TechCrunch:
Facebook Takes the Microsoft Money And Runs. — While the storyline would have been more dramatic if Facebook had spurned its current ad-serving partner Microsoft for Google, it is confirmed that Microsoft has won the deal. It will invest $240 million in Facebook and expand its existing relationship …
Michael Arrington / TechCrunch:
Liveblogging The Facebook Press Conference — Facebook is holding a press conference at 2 pm PST to discuss and presumably confirm the Microsoft investment. We'll be liveblogging the event here. Stay tuned. — Press Release On The Investment: … - Sphere It -
Robert Scoble / Scobleizer:
Microsoft wins Facebook bid? Here's the insider scoop on why... Last night I was hanging around at the Ritz near my house. That's where Jerry Yang, CEO of Yahoo spoke yesterday, and where the Right Media conference is going on right now. — I talked with several people …
Terrence Russell / Epicenter:
Three Reasons Microsoft Underpaid For Facebook
Discussion: Googling Google
Mary Jo Foley / All about Microsoft:
Are you surprised? Microsoft beats Google with Facebook deal
Discussion: Rev2.org and CNET News.com
Andy Beal / Andy Beal's Marketing Pilgrim:
Facebook Sells 1.6% to Microsoft for $240 Million
Discussion: Microsoft

Tip: Techmeme
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