Doesn't Bill Gates Have All the Money in the World?

Turns out that Microsoft isn't going to buy Facebook, everyone's favorite social networking site and the brainchild of 23 year-old founder Mark Zuckerberg.

Apparently, Steve Ballmer (Microsoft's CEO) thinks Facebook and its sister social networking sites are just a fad, despite considering an investment of rumored $500M for a 5% share of Facebook. Analysts project that if Microsoft seriously threw its hat in the ring for a piece of Facebook, Google, Viacom, News Corp, and the rest of the gang would shortly follow suit, but for now, Microsoft is backing off.