MySpace, the floundering social network site, may be on the verge of massive layoffs.
Continue reading MySpace May Face Huge Layoffs
MySpace May Face Huge Layoffs originally appeared on DailyFina…
The New Year brings new hope to the restaurant industry, which suffered heavily during the harsh, eat-at-home recession. As a result, the number of restaurants have dwindled nationwide. But Goldman Sachs says this is very good …
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…
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…
Goldman’s Jim O’Neill shot to fame by predicting the staggering rise of emerging-market economies like the BRIC nations, Brazil, Russia, India and China. But 2011, he says, “will be the beginning of a new phase in which the U.S…