Daily Blogwatch: Is Facebook Worth $50 Billion?

Among Tuesday’s best Web stories for investors: myths about China’s communist party, food stocks that could be poised to double this year, tips for making your own viral video and funny financial predictions for 2011.
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Why Groupon Said ‘No’ to Google

When Google (GOOG) offered to buy Groupon for $6 billion, board members stood to make millions of dollars each. Co-founders Brad Keywell and Eric Lefkofsky could have walked away with $2.4 billion between them.

So why did they say no?

The answer, it…

Facebook Email Launched as Hybrid Messaging Service

Facebook unveiled on Monday a messaging service designed to incorporate email, SMS, chat and messages under one system, a move that could potentially erode the markets of a host of other high-profile email providers from Google…

Users Now Spend More Time With Facebook Than Google

Facebook edged out Google for screen time with users in August, a shift that research firm comScore says indicates people want to spend more time socializing online than searching. Fans spent 41.1 million minutes on the social …