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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    Microsoft pays $240 million for Facebook stake

    SEATTLE
    Wed Oct 24, 2007 5:01pm EDT
    Microsoft Chief Executive Officer Steve Ballmer in Zurich October 4, 2007. Microsoft said on Wednesday it would pay $240 million for a minority equity stake in Facebook. REUTERS/Christian Hartmann

    SEATTLE (Reuters) - Microsoft Corp said on Wednesday it would pay $240 million for a minority equity stake in Facebook in a deal that values the social networking Web site at $15 billion.

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    The world's largest software maker was bidding against Google Inc. for a stake in Facebook and the right to sell advertising for Facebook outside of the United States.

    Microsoft said it would be the exclusive third-party advertising platform for Facebook, one of the hottest properties on the Internet with more than 47 million users.

    (Reporting by Daisuke Wakabayashi)
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