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
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