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Monday, September 24, 2007

Microsoft Corp. (MSFT) in Talks to Invest in Facebook

Microsoft Corp (NasdaqGS:MSFT - News) is talking to Facebook about an investment in the company that could value the fast-growing social network at $10 billion or more, the Wall Street Journal reported on its Web site on Monday.
Further details were not immediately available.
Facebook, which allows members to seek out a circle of friends and share online activities, has seen speculation over a potential partnership or buyout intensify as rapidly expands its base of users and advertisers.

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