by | Jan 3, 2011 | Towing
Facebook raised a $500 million investment from investment bank Goldman Sachs Group (GS) and an unnamed Russian investor, according to The New York Times.
The deal values the social-networking site at $50 billion, more than companies including Yahoo I…
by | Jan 3, 2011 | Towing
Facebook’s value soars to $50 billion as Goldman Sachs and Russian Digital Sky Technologies invest $500 million in the social network.
Continue reading Facebook Valuation Rises to $50 Billion as Goldman Invests…
by | Jan 2, 2011 | Towing
Forecasting which technologies will succeed is always hazardous, but it proved especially difficult in 2010, a year full of surprises — and also several disappointments. Facebook blew away even the most optimistic expectations…
by | Jan 1, 2011 | Towing
A broad array of technology news helped define 2010, from the launch of Apple’s iPad to the arrival of the app to a supernova of Internet stock gains. Here’s a look back at those major stories — and a glimpse of some highlight…
by | Dec 30, 2010 | Towing
New reports say Groupon could go public by the end of 2011, around the same time a Facebook IPO is expected. But even if they both priced their IPOs on the same day, there would be no shortage of funding because IPO-starved inv…