Facebook Chooses Microsoft Over Google

by mtippett | October 24, 2007 at 02:32 pm

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Facebook Inc. will sell a US$240 million minority stake to Microsoft Corp., which as part of the deal will also expand the advertising services it provides to the social networking phenom, the companies said Wednesday in a statement.

The size of the ownership stake Microsoft will take during Facebook's next round of financing puts Facebook's valuation at a whopping $15 billion. Google had reportedly been courting Facebook as well.

Here is some other interesting data from comscore:

In September 2007, Facebook was the 16th most visited Internet property in the US. with 30.6 million unique visitors, and the 6th most highly trafficked property in the US with 14.7 billion pageviews.

In September 2007, Facebook was the 6th most visited property worldwide with 73.5 million unique visitors (age 15+), and the 5th most highly trafficked property worldwide with 34.5 billion page views.