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Facebook had surpassed MySpace in global traffic and became the world's most popular social media platform. [citation needed] Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million ($ 373 million in 2025 dollars [32]) giving Facebook an implied value of around $15 billion ($ 23.3 billion in 2025 dollars [32]).
https://en.wikipedia.org/wiki/Facebook
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