Microsoft Takes 1.6% Stake in Facebook For $240 Million

OPW -- Oct 24 -- Facebook is valued at $15 billion based on their ad deal with Microsoft. See the news flash on Facebook's partnership with Microsoft at Social Networking Watch. You can expect more investment money to flow into the social networking space based on this valuation. Do you think this will have positive repercussions for the online personals industry and internet dating company valuations? - Mark Brooks