Microsoft to Buy into Facebook?

Microsoft own MySpace which is still he market leader (I think) but Facebook is the fastest growing and catching up quickly.

According to the Wall Street Journal, Microsoft is poised to buy a 5% stake in the firm for between $300m and $500m. That would make Facebook worth up to $10bn in all and turn its founder Mark Zuckerberg, 23, into one of the wealthiest men in California’s Silicon Valley.

Facebook was set up three years ago by Marc who dropped out of his course at Harvard.

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