Monday, January 3, 2011

Facebook Worth $50 Billion?

Facebook has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to the New York Times.

The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.

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Neither "AI Bubble Burst" Nor "Enterprise Software is Dead" Extremes Seem Likely

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