I read an article titled "Microsoft invests $240 million in Facebook" the url link is: http://www.cnn.com/2007/TECH/10/26/facebook.microsoft.ap/index.html
The article was about how Microsoft decided to invest $240 million in Facebook. The article states that Microsoft’s investment was more than Facebook revenues in a year. However, Facebook is the second largest social network and is only growing faster. Facebook is increasing its number of employee’s to support this growth. Sites like Facebook and Myspace attract advertising and that generates large revenue. Microsoft predicts that Facebook could attract as many as 300 million users worldwide within a few years and Microsoft will then be able to get back its investment. Also, the article insights that Microsoft could tune into people’s interests listed on their profiles to gear ads towards them. Microsoft also plans to work with Facebook in other areas that are disclosed at this time.
This article interested me because I have a Facebook profile. It's a little scary that people from Microsoft could look at my profile in order to finds ads that would interest me. The thought of having strangers access my profile is a little creepy and seems kind of Big Brother-ish.
1 comment:
Thanks for this information.
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