Facebook Friends Microsoft

It's official. Facebook is ridiculous. For just $240 million, Microsoft has secured a 1.6 percent stake (yes, there's a decimal point there) in the social networking site founded by Harvard dropout Mark Zuckerberg, the Harvard Crimson reports. That values the company at $15 billion and makes Zuckerberg, with his 20-percentstake, a $3 billion man. The deal ends a three-way fight over Facebook between the software giant and rivals Yahoo and Google and also blows away rumors that the Microsoft offer would value the company at a mere $10 billion. In other news, Zuckerberg has become the sexiest Harvard dropout since, well, Bill Gates.

Reader Comments

Add Your Thoughts

Comment Name State Select One AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY International Email

Please enter the two words below into the text field underneath the image.

Incorrect please try again

Enter the words above: Enter the numbers you hear:

Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.