Facebook taking a turn

With todays deal of $240 million with Microsoft, facebook is taking a turn. Facebook value has openly come to the market which is $15 billion. This itself makes a good ground for facbook towards IPO. The deal amount should be enough to move to the next phase. Their has been tremendous amount of write ups for the last two months and also new moveups from facebook and this stake was expected, but was not sure with hom it will happen.
Here Microsoft gets a good exposure back to the market on Social Networking and could build some confidence among the communities. But this may not stop or slow down of Googles's plans for Novemeber to reveal
Labels: google yahoo facebook myspace social networking trends
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