MICROSOFT BUYS STAKE IN FACEBOOK

Microsoft beat out Google to buy a small stake ($240 million, which works out to 1.6 percent) in Facebook. Note that this is a much smaller stake than the previously rumored conversations which put the number in the 5-10 percent range. Microsoft’s ad deal with Facebook will expand to an exclusive arrangement for third-party ads, which will also be served to international visitors. It also puts Microsoft in the driver’s seat for any subsequent talks and investments that may take place down the road.

As I’ve said in the past, I think Facebook is one of the most promising new internet companies of our time.

3 comments October 24th, 2007

RTNDA creates fire message board

Broadcasters covering the fires in Southern California can connect up on a new RTNDA message board dedicated to the story. “If you are a news manager or reporter who needs something … or a freelancer who has services to offer … or a news manager with advice to share … or you need to reach out to other newsrooms for any reason whatsoever, let us help you,” explains RTNDA.

12 comments October 24th, 2007

California fire maps on Google

This Google map is incredible, and even Google is highlighting it on their blogs. Radio station KPBS built this map using Google as part of their tools for telling the story. There are other maps out there, but this is the most complete map I’ve seen. Nice work.

4 comments October 24th, 2007