Over the past several weeks Microsoft expressed an interest in investing in Facebook. Now, the company is in talks to buy the startup, and in the process give it a value in excess of $10 billion. Google is also in the mix, having expressed a similar interest in a Facebook investment.
Why are the stakes so high? For one, Facebook entered the mobile world with its FaceBook for iPhone within just two months of the iPhone launch. That was the second Facebook mobile product--See M.Facebook for the scoop on the original.
It should be interesting to watch the two giants fight it out for control of the aggressive company that allows for friends to share online activities.
Let the bidding war begin.