Facebook Takes Further Steps To Curb User Abuse; Change In How Applications Are Measured

Facebook have updated the platform again to further restrict questionable behaviour and announced that they are changing the way applications are measured to show user engagement instead of just how many users have added an application.

Rumours that Microsoft is looking to buy into Facebook:

Look Who Wants To Hook Up

Sources suggest that Microsoft could put as much as $300 million to $500 million into Facebook for a 5% stake.

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Okay, so it's all official, and the numbers are out:

Microsoft buys stake in Facebook

Microsoft has paid $240m for a 1.6% stake in Facebook that values the hugely popular social networking site at $15bn.