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Microsoft + Facebook

The NY Times reports that Microsoft is investing $240 million in return for a 1.6 percent stake in Facebook. The Redmond giant apparently beat out Google and Yahoo! The move positions Microsoft in an online advertising battle with Google; “Microsoft will sell the banner ads appearing on Facebook outside of the United States, splitting the revenue with it.”

By Kathy E. Gill

Digital evangelist, speaker, writer, educator. Transplanted Southerner; teach newbies to ride motorcycles! @kegill

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