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IPFS News Link • Social Networking/Social Media

Facebook Dumps Microsoft

• http://www.businessinsider.com, Matt Rosoff

Now, Facebook is worth over $200 billion, and that little investment turns out to be the best-performing equity investment Steve Ballmer ever made as CEO of Microsoft.

Microsoft sold some of its Facebook stock after the IPO in 2012, but seemingly still holds some — Microsoft's last annual filing with the SEC, in June 2014, notes only a "partial" sale of its Facebook stake.

But while that stake may be worth a lot of money, it doesn't seem to be getting Microsoft much respect these days.

Today, Facebook confirmed that it's no longer including search results from Bing on its site. The Bing deal began around the time Microsoft bought its Facebook stake, and was renewed in 2010.