Microsoft Inks Web Search, Search Ad Deal With Facebook

Authored by Mark Hefflinger on July 24, 2008 - 10:24am.

Redmond, Wash. - Microsoft (NASD: MSFT) has announced a deal that will expand its relationship with online social network Facebook, in which the company invested $240 million for a 1.6% stake last October, and will now provide Web search and search advertising for the company beginning in the fall, The Wall Street Journal reported.

Microsoft senior vice president Satya Nadella disclosed the partnership during a meeting with financial analysts at the company's headquarters, but did not provide further details.

Microsoft already has a deal in place to provide search ads on Facebook sites outside of the U.S.

 

Related Links:
http://online.wsj.com/article/SB121691790581781505.html

http://snipurl.com/34gbw (PaidContent)

http://www.facebook.com

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.