Microsoft considers buying stake in Facebook


Microsoft considers buying stake in Facebook

Antony Savvas

Microsoft is said to be in talks to buy a stake in social networking site Facebook, reports the Wall Street Journal.

Google is also believed to be interested in taking a stake in the popular site.

The Wall Street Journal reports that Microsoft wants around 5% of Facebook, and is willing to pay up to £250m for the stake.

Microsoft and Google will not comment on their reported interest in Facebook, but Redmond already has a close marketing and advertising relationship with the site.

Facebook has more than 40 million users worldwide. Bebo is the most popular social networking site in the UK.

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