Nrbelex writes: The New York Times is reporting that "Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook. Microsoft will invest $240 million for a 1.6 percent stake in the company, said Adam Sohn, a director in Microsoft's online services group. The investment values the three-year-old Facebook, which will bring in about $150 million in revenue this year, at $15 billion. "
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's now on IFTTT. Check it out! Check out the new SourceForge HTML5 Internet speed test! ×