WSJ says (reg required) Facebook and Yahoo are close to a deal. OF course, Microsoft won’t like that much….
People familiar with the matter say the company has held separate acquisition talks with Yahoo Inc., Microsoft Corp. and Viacom Inc. over the past year. Now, say some of these people, the start-up is in serious discussions — again — to sell itself to Yahoo for an amount that could approach $1 billion.
Update: Free WSJ link.