Announced on 10/24/2007, computer giant Microsoft won the bidding war with Google to become a 1.6% shareholder in their company. Seen as a business venture for Facebook to increase their advertising revenue, one wonders how this will affect the user experience and integration of third-party apps.
In my opinion there may have been more to gain with Google, after seeing how their many and continuing research projects have changed the way we use the web. Who knows, maybe now Google will go after more chances with Facebook rival MySpace. For more on the MySpace plan see my earlier post.