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Report: Microsoft Considers Buying 5% of Facebook

mashable.com — CNBC just reported that Microsoft may take a 5% stake in Facebook at a cost of $300 million to $500 million: that would value the social network at up to $10 billion. CNBC names the Wall Street Journal as the source of the report. Here’s the lowdown from the WSJ:

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  • psiloinc, on 10/10/2007, -0/+1That's too bad, everyone has a price, and Microsoft definitley has the bankroll to make this one happen.
  • lopezunwired, on 10/10/2007, -0/+1Here it comes, the ante for the grand-daddy of social networking sites. I don't think Facebook should take any corporate investors. I also don't see Microsoft making such a small bet, 5% is not much but it's a start. Facebook should stick with the plan to remain independent.

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