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CNBC: Google's Brin Says Won't Pursue Facebook
By: CNBC.com | 12 Jul 2007 | 04:10 PM ET
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Google is not interested in pursuing an acquisition of Facebook, Google co-founder Sergey Brin told CNBC, though the entrepreneur left open the possibility that Google would be open to talks with Facebook if the social networking site made the first move.

Google executives "don't look at companies for acquisition unless they are really interesting," Brin told CNBC's Julia Boorstin. "I think they [Facebook] are doing well on their own," he added.

Google [GOOG  Loading...      ()   ] would not go after Facebook, the second-largest social networking site after News Corp.'s [NWS  Loading...      ()   ] MySpace, unless Facebook came to "talk to us," Brin said.

Google has been widely perceived as the most likely acquirer of Facebook, which has already declined a takeover offer from Yahoo! [YHOO  Loading...      ()   ], one of Google's principal competitors.

Howard Stringer, chairman and chief executive officer of Sony Corp. [SNE  Loading...      ()   ], also expressed a lack of interest in Facebook, telling Boorstin that Sony is more interested in building up its Grouper online video site.

© 2009 CNBC.com
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CNBC HIGHLIGHTS

  • Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
  • Brian L. Roberts
  • For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
  • Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
  • The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
  • Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
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