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Email Confirmation
Oct 24 2007
11:15AM
EDT
Money for Facebook
It's not exactly news that Facebook is about to get a cash infusion from some big industry player, though it's being reported that way today. Last week, Facebook CEO Mark Zuckerberg told a room of 5,000 Web 2.0 attendees that a financing deal was "almost wrapped up."
The mystery at this point is who wins the prize -- probably Google or Microsoft. In either case, we're talking a 5% to 10% stake -- nothing like News Corp. outright buying MySpace.
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