Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?Microsoft Corp. (NASDAQ: MSFT) is in talks with Facebook about making an investment, according to the Wall Street Journal. (subscription required).
The deal would value the hugely popular social networking site at $10 billion, the paper said, citing sources familiar with the talks.
If this happens, it would be huge for Microsoft, giving it the competitive boost it so desperately needs against Google Inc. (NASDAQ: GOOG) and Yahoo! Inc. (NASDAQ: YHOO). The key word is "if" because Facebook's founder Mark Zuckerberg has dangled his company in front of big Internet and media companies before and not done any deals.
Who knows if this time it's for real?
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