Showing posts with label Advance tech. Show all posts
Showing posts with label Advance tech. Show all posts

Microsoft Wanted To Buy Facebook For $24 billlion But Mark Zuckerbarg says No

Microsoft spent $26.2 billion to take over LinkedIn, and if you think the software giant is spending too much money, here’s something that could make you change your mind.

Redmond was ready to pay almost as much money on taking over Facebook a long time ago when the social network wasn’t really this popular, but according to recent reports, it was Mark Zuckerberg who refused the deal.

Former Microsoft CEO Steve Ballmer revealed in an interview with CNBC on Friday that his company was interested in buying Facebook when it was “itsy-bitsy” and the amount of money it would have paid reached $24 billion. Zuckerberg refused, though, and considering where Facebook is right now, he clearly made the right decision.

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“Oh I think $24 billion when the company was itsy-bitsy and he said no. And I respect that,” Ballmer, who is now the owner of the Los Angeles Clippers, revealed.