Microsoft may be ready to exchange up to $500 million for a 5 percent stake in Facebook, while New York Attorney General Andrew Cuomo wants the site held accountable for the actions of sexual predators.
Facebook: Microsoft Love, New York Hate
Reuters report on the rumored deal suggested that Zuckerberg would want an investment to place Facebook's valuation in the $15 billion neighborhood.
The two companies have an existing relationship.
Their honeypot profiles attracted plenty of unsavory attention. Cuomo is highly displeased not just at this, but at what he perceives as slow responses, or complete inaction, from Facebook in response to complaints about the predatorial come-ons.
"My office is concerned that Facebook's promise of a safe website is not consistent with its performance in policing its site and responding to complaints," Cuomo said in a
Cuomo's office has dispatched subpoenas to Facebook, so the company can explain its responses, or lack thereof, to the allegations. 
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