Microsoft considers buying stake in Facebook

News

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.


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy