Facebook Receives $500 Million Investment, New York Times Says

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…

The Biggest Tech Surprises and Disappointments in 2010

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…

What If Groupon and Facebook Had IPOs the Same Day?

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…