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Microsoft buys a $240 million piece of Facebook

FacebookIt looks like Microsoft has beat out Google in the bidding war over a stake in Facebook. But while we had been hearing that Microsoft had been looking for a 5-10% stake in the $300-$500 million range, the company is instead spending $240 million on a 1.6% stake in Facebook.

The deal gives Facebook a valuation of $15 billion, even though the company only made about $150 million in revenue this year.

OK, enough with the numbers. What does the deal mean? Microsoft will sell advertisements that show up on Facebook outside of the US. The two companies will share the revenue from those ads. Microsoft is already selling ad space for Facebook in the US.

And what does Facebook get out of the deal? A boatload of cash. Oh, and the ability to hire new workers, expand in more countries, and work on their own advertising system.

A First Look at the New Yahoo! Finance Charts Beta

Yahoo! Finance Charts Beta

Earlier this week Yahoo! announced changes that would roll out soon to upgrade aspects of the Yahoo! Finance property. One of these changes, and probably the most significant for daily users, is the completely overhauled Stock Charts.

When Google rolled out Google Finance property, most of the hubbub around their offering was the dynamic charts. These hadn't been seen before anywhere and had a lot of "kewl" factor in them. Even without the kewl charts, Yahoo! continued to be the most comprehensive and most visited financial resource on the web. And now, Y! is rolling out their version of dynamic stock charts with lots of "kewl" factor. Read on for an overview of the new features and my thoughts.

Continue reading A First Look at the New Yahoo! Finance Charts Beta

Upgrades to Yahoo! Finance Announced

Yahoo! announced in a press release that many long-awaited upgrades were soon to appear on Yahoo! Finance, albeit some only in beta form.

Stock Charts - Google showed us that they could beat Yahoo! to the punch with their Ajaxy charting tools. Unfortunately for Google, the financial users are a pragmatic bunch and need more than the "kewl" factor to make them switch as indicated by Yahoo! continuing to hold the financial users' interest. According to this recent announcement, Y! Finance users will soon be enjoying new kewl dynamic charting tools which take advantage of Flash and DHTML . It pays to be patient, eh?

Message boards - Yahoo! has been upgrading its message boards throughout its many sites for many months now. Yahoo! Finance has seen some of these changes already. Easier search, threaded views and now a rating system to quickly locate quality contributors to the conversation.

Y! Finance Badge - Y! Finance badges for your website have been out in beta for a while now but according to this announcement are out of beta and available for general consumption.

Y! Finance Videos - Y! has made huge advances recently in its ability to serve video regardless of where it is hosted. This is spreading to various Y! sites including Y! Finance. Today's announcement points out that video from several news sources are being made available via the Y! Finance site.

The new stock charts are being evasive. Hopefully we will see them in action soon even if only on a beta version of the Y! Finance site.


UPDATE: The new chart tools are being rolled out to small percentage of users for now. This is much as the ! home page revision was revealed to only a few users for their feedback before opening it up to all Y! home page visitors. More Y! Finance users can expect to see the new chart tools as time goes by.


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