Microsoft buying a stake in Facebook? NY Attorney General investigates on Facebook’s security
The Associated Press reports that Microsoft may buy a stake in Facebook that would give Mark Zuckerberg’s social network at $10 billion. The stake is expected within the range of $300 to $500 million in exchange for 5 percent stake. Both parties are branding it as rumor.
Meanwhile, The New York Times reports that the New York attorney general, Andrew M. Cuomo, is investigating whether Facebook, the online social networking site, is misleading users by promoting itself as a place where high school students and younger children are safe from adult sexual predators.
Related posts:
- Facebook to overhaul safety procedures
- Microsoft investigates Xbox Live frauds
- Microsoft nabs Facebook?
- Google buys stake in Chinese online community Tianya.cn
- Facebook’s Zuckerberg spotted in Seattle
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[...] meet with Microsoft. The sighting came after the news a few days back that Microsoft is looking at buying a stake in [...]
By Facebook’s Zuckerberg spotted in Seattle | 901am on September 27, 2007 3:01 pm