Wednesday, January 5, 2011

Facebook Has More Than 600 Million Users

Users aren't "revenue," and neither are "eyeballs." But it can help. Facebook has 600 million monthly active users, according to a document Goldman Sachs is showing clients interested in investing in Facebook.

To the extent that Facebook increasingly is seen as a useful advertising venue, those users or eyeballs are going to be important, at some point.

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Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...