Microsoft Acquired Facebook Share
For the bargain prize of 117 millions pounds, Microsoft bought a 1.6% stake of Facebook. Other companies such as Yahoo or Google also wanted to invest in one of the most popular social networking websites but Facebook declined their offer.
The aim of this partnership is simply to increase profits through advertising on both sides. Microsoft will sell internet ads for Facebook outside the US. The company already had an agreement with Facebook to provide banner advertising and links to the US version of the social networking site. This was the part of the deal discussed during several weeks. With this acquisition, Microsoft will become the exclusive third party seller of overseas advertising outside the US on Facebook. Knowing that the social networking site currently has 49 millions users, this could be a huge financial opportunity for Microsoft.
Microsoft Busted On Paid Wikipedia Modification
Wikipedia has become one of those odd internet sites that have evolved into a phenomenon. Alas, some companies don’t like what is written about them.
Unless you have been living offline, you probably know about Wikipedia. The site is a giant information source where the content is written and provided by posters. The community content site is open to just about anyone that wants to post with one major exception. People cannot post if they have a conflict of interest in regard to the information they are providing. A classic example of this would be a sales person uploading a profile of their products or company. Surprisingly, this doesn’t happen all that often. That being said, one company just got caught with its hands in the proverbial cookie jar.
Fighting The Big Corporation In Small Claims Court
Although some readers will probably tag me as a cynic, a malcontent, or
even a crackpot, this brief history of a successful lawsuit may be helpful
to others who suffer the consequences when a giant corporation
breaks the rules, ignores its promises, and expects to get away with it.
When Microsoft entered the Internet Service Provider market in the late 90’s,
they offered an attractive deal to prospective new customers: no monthly
payments for the first six months, and then the full regular price of $21.95
for the remaining six months of the contract year.