Facebook Status Update
February 9th, 2008 | Jason Lopez
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Last October, Microsoft invested $240 million in Facebook, suddenly placing Facebook’s value at a lofty $15 billion. Now, we see that revenues for 2007 came to around $150 million, while expenses still leave the company with a negative cash flow [See the full post…] |
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Categories: Connected Social Media, Microsoft, PodTech News, social media, Technology