Tuesday, March 4, 2008
Growing (up)
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by Barbie Kunkelova
Microsoft is being successful lately: its Internet shares rose from $31.25 to $31.47, it knows how to approach other developers and create crucial, beneficial relationships. Whereas Google co-founder Sergey Brin stated for Yahoo! News Google doesn't need to acquaint every stronger company on the Internet, Google's shares dropped to $675 from a higher $675.82. Maybe thanks to Brin's friendly statement, it was Microsoft, who triumphed in the last task. On Wednesday, October 24, after many weeks of negotiations, Facebook founder Mark Zuckenberg decided to sell a 1.6% stake to Microsoft for $240 million. The estimate value of Facebook is $15 billion which is a stunning price for now a 4-year-old project started out of boredom by a regular Harvard graduate. Kevin Johnson, the president of Microsoft, put it in his own words; he believes this deal is a strong statement of confidence in this partnership and in Facebook. Zuckenberg's acceptance surprised the public;, the most recent offer to share a stake of Facebook (for $1 billion by Yahoo) has been rejected. Zuzkenberg also said for MSNBC that he'd like to spend at least the next two years without sealing any more acquaintances. He said he was not comfortable with the idea of cooperating with Google & because Google was not being secretive about its future plans: to build a social network on its own. Facebook's major rival, MySpace, has in comparison much more users, but Facebook is growing more rapidly. To support its growth, 400 more employees (to current 300) are planned to be hired. This deal also shows the world that Microsoft is becoming more understanding about the Internet of today.
related story: http://uk.news.yahoo.com/rtrs/20071024/tbs-uk-facebook-7318940_3.html
PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.
These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.
Posted by: Jana Kalicka
by Barbie Kunkelova
Microsoft is being successful lately: its Internet shares rose from $31.25 to $31.47, it knows how to approach other developers and create crucial, beneficial relationships. Whereas Google co-founder Sergey Brin stated for Yahoo! News Google doesn't need to acquaint every stronger company on the Internet, Google's shares dropped to $675 from a higher $675.82. Maybe thanks to Brin's friendly statement, it was Microsoft, who triumphed in the last task. On Wednesday, October 24, after many weeks of negotiations, Facebook founder Mark Zuckenberg decided to sell a 1.6% stake to Microsoft for $240 million. The estimate value of Facebook is $15 billion which is a stunning price for now a 4-year-old project started out of boredom by a regular Harvard graduate. Kevin Johnson, the president of Microsoft, put it in his own words; he believes this deal is a strong statement of confidence in this partnership and in Facebook. Zuckenberg's acceptance surprised the public;, the most recent offer to share a stake of Facebook (for $1 billion by Yahoo) has been rejected. Zuzkenberg also said for MSNBC that he'd like to spend at least the next two years without sealing any more acquaintances. He said he was not comfortable with the idea of cooperating with Google & because Google was not being secretive about its future plans: to build a social network on its own. Facebook's major rival, MySpace, has in comparison much more users, but Facebook is growing more rapidly. To support its growth, 400 more employees (to current 300) are planned to be hired. This deal also shows the world that Microsoft is becoming more understanding about the Internet of today.
related story: http://uk.news.yahoo.com/rtrs/20071024/tbs-uk-facebook-7318940_3.html
| by Barbie Kunkelova for PocketNews (http://pocketnews.tv) |
PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.
These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.
Posted by: Jana Kalicka
Labels: Acquisitions, CantellTV, Chris Cantell, Christopher Cantell, digital broadcasting, SigEx Foundry, SigEx Telecom
# posted by Blog TechSource @ 3:36 AM 
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