Microsoft Scoops Up $240 Million Stake in $15 Billion Facebook, Google Weeps

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Late Wednesday, Microsoft announced it has taken a $240 million equity stake in Facebook, recently valued at $15 billion. As part of the deal, Microsoft will increase the scope of its existing ad sales agreement with Facebook. So it seems Microsoft is back in the online ad game. That is until Facebook flames out from hype and overexposure.

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Steve Hall

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