Facebook takes the big M’s money!

Facebook has sold a 1.6% minority share in it’s four year old company to Microsoft. The deal tallied $240 million. This pegs the social networking website at a value of $15 billion. Microsoft will sell online ads for Facebook as part of this deal.

It seems the Bill Gates Empire has beat Google to the chase. With so many buyouts it leaves one to wonder who will be next. We’ve seen Yahoo buy Flickr, we’ve seen Google buy Feedburner, and many other examples.

The dot.com crash has really become the dot.com rush!

If Social Networking is becoming so valuable then businesses really need to take note. I strongly believe that the current “form” of the Web – Web 2.0 – is a platform aptly suited for business growth and expansion. Collaboration and participation has never been this easy. And businesses who see this are reaping the rewards already.

I’m sure there will be many more big news headlines like this one in the very near future!