Microsoft has agreed a new deal with Facebook under which it will integrate its Live Search product and serve paid search ads on the social networking site writes The Financial Times. According to sources close to Facebook, the firm is aiming for advertising sales of $350m this year, from $150m in 2007. Microsoft invested $240m […]
Microsoft has agreed a new deal with Facebook under which it will integrate its Live Search product and serve paid search ads on the social networking site writes The Financial Times. According to sources close to Facebook, the firm is aiming for advertising sales of $350m this year, from $150m in 2007. Microsoft invested $240m with Facebook last year, valuing the firm at $15bn.
From The Financial Times: http://www.ft.com, 24/07/2008
Facebook: http://www.facebook.com
