News Journal

Microsoft gets Facebook bid

Microsoft has got its bid on the social network Facebook. The company Microsoft gave a value of $15 billion for Facebook and it will buy the $240 million of company pieces as well.

The online advertising is gaining popularity and the take over of the company Facebook will allow Microsoft to place banners and advertisements on Facebook outside the U.S.

The 60% of users of Facebook reside outside U.S. and it counts to a total of 49 million users. Facebook that is owned by Mark Zuckerberg gets 200000 users registered every day.