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Microsoft Buys Facebook, Sort Of

Microsoft Buys Facebook, Sort Of

Microsoft just beat out Google and will buy 1.6% of Facebook for a whopping $240 million.

That values the social networking site at $15 billion. Yes, billion! This makes 23-year-old Facebook founder Mark Zuckerberg one very rich man.

Microsoft will soon be the exclusive advertising platform for Facebook.

Google, you lose.

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