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Monday, October 25, 2010

Apple-Facebook investment

iBOOK? In other celebrity news, two tech superstars may join together for a duet. Apple may invest in a funding round designed to get Facebook to an initial public offering, a tipster told Mashable’s Ben Parr, though he questions this rumor even as he advances it: “There are a few things that make us skeptical of the Series E rumors. The big one is that Facebook already has a major technology company as an investor: Microsoft, one of Apple’s biggest rivals. Microsoft covets its relationship with Facebook, most recently launching Facebook integration with Bing. Would Microsoft be comfortable with Apple being an investor? Could Microsoft block an investment by Apple even if it wanted to?” Facebook has since unequivocally denied this speculation. (10/25a)

 
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