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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Oprah Winfrey Network Draws More Than 1 Million Viewers

Oprah Winfrey’s cable TV network drew more than 1 million viewers on its debut over the weekend.

The new channel, Oprah Winfrey Network (OWN), launched at noon on New Year’s Day, The Wall Street Journal said. It replaced Discovery Health in about 80 …