Category: Microsoft
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Netscape is dead; long live Mozilla.
Tom just posted the official announcement: As of February 1, 2008, Netscape will no longer exist as a product-producing entity. “AOL’s focus on transitioning to an ad-supported web business leaves little room for the size of investment needed to get the Netscape browser to a point many of its fans expect it to be. Given…
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Facebook is not worth 15 billion dollars
($240,000,000 / (0.016 + x)) != $15,000,000,000 Attention world: Microsoft did not pay $240 million simply for a 1.6% stake in Facebook. They paid $240 million for a 1.6% stake in Facebook and the privilege of being Facebook’s only ad supplier for visitors from outside the United States. So unless you’re valuing that privilege at…