As Microsoft announced that it would invest $240 million for a 1.6% stake in Facebook, valuing Mark Zuckerberg’s little Harvard project at $15 billion, Google CEO Eric Schmidt and company co-founder Sergey Brin were onstage at Google’s analyst day in Mountain View, Calif..
Coincidence? Not likely. How satisfying it must have been for Redmond to block [...]
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Well what do you know: the media buzz around Facebook doesn’t quite correlate with the site’s usage metrics. According to September comScore data, Zuckerburbia suffered a noticeable decline in unique visitors and page views both. Uniques are down 9.3%, page views 3.8%–this during a back-to-school month in which we should have seen both numbers spike.
What’s [...]
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For someone considering taking a stake in Facebook that could value it at $10 billion, Microsoft CEO Steve Ballmer doesn’t seem to think very much of the social-networking site.
In an interview with the Times Online, Ballmer didn’t seem so sure Zuckerburbia deserves the jaw-dropping valuation given it. “There can’t be any more deep technology in [...]
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