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Numerous reports indicate that Microsoft is looking to purchase a stake in Facebook and values the social networking site at roughly $10 billion. That's 5 times as much as Zuckerberg was originally rumored to have wanted to sell Facebook for in early 2006.
Forum members, particularly those at WebmasterWorld, are shocked that Microsoft has put such a high value on the social networking site.
So we're saying Facebook is worth $8billion... what a load of &*"!£$%^. That's more than some serious worthwhile businesses!
Actually, with many people using Facebook during work, the valuation might not be too far off. I happen to know a lot of Facebook addicts. Don't you?
Others aren't as enthusiastic that Microsoft will have access to all the user data.
Somewhere in this mess is a great truth that your personal data has value and that value will be squeezed out of it, lucky us.
Very true -- and very frightening.
Forum discussion at WebmasterWorld and DigitalPoint Forums.
Comments:
No Name
09/25/2007 01:07 pm
It's still up to the users to provide their informations when registering to and configuring their facebook profile. This is a social problem; most people don't realize their personal information is valuable and ignore that it might be used by 3rd parties at all! Technology & Education.
Yaniv
09/26/2007 04:02 am
This would be a smart move for Microsoft. Especially when you consider their position compared to significant competitiors (Yahoo and Google) and the power of Facebook. This would be a step in the right direction.
Nick
09/26/2007 07:23 pm
A step in the right direction? For Microsoft, yes. But it sounds like a step towards chaos to me! Ha. Yes, it might slow down Google, or would it would cause larger problems more quickly? I'm not sure I want either of them to win this fight. But then again, this is all just speculation.
Jay Caldwell
09/26/2007 08:45 pm
I agree with Nick; a step in the right direction for Microsuck, but there is potential to totally ruin Facebook.