Posted by: badarrow
Application development, Barbara Darrow, Microsoft
Just what company Microsoft will buy, or buy into, next has become a parlor game among solution providers and civilians alike.Last week, The Wall Street Journal reported, citing unnamed sources, that Microsoft was talking to Facebook about buying perhaps a five percent stake in the social networking company for up to a half a billion dollars.
The Journal valued Facebook at $10 billion or more. Staggering.
You could argue–and many did–that this was a ploy to drive price down. I would like to think Ballmer was just speaking his mind. He acknowledged that the Facebook community–tens of millions of user aggregated in its three years of existence–has value.
But a technology powerhouse? Seriously, does anyone really see Facebook as a legitimate application development platform?
Let me know. I can take it.
Barbara Darrow, a Boston-area journalist, can be reached at email@example.com.