Microsoft buys 2% of FaceBook !!

OK - it’s official. After weeks (months?) of speculation, Microsoft and Facebook today announced a deal in which Microsoft has taken a 2% stake in Facebook for a cool $240 million. Doing the math suggests a current valuation for the social network enfant terrible of $15 billion. The deal opens up additional ad sales opportunities for the Microsoft ad sales team in international Facebook properties which are now (or about) come online.