Is Twitter Worth $3.7 Billion? Not in the Real World

That’s the value a $200 million venture investment led by Kleiner Perkins this week implies. But that means Twitter would have a price-to-sales ratio of 840 compared to Facebook’s 26 — or Google’s 8.7. And Twitter’s growth may…

Facebook Revenue Could Hit $2 Billion in 2010

Facebook may generate revenue of about $2 billion for 2010, more than double its revenue from 2009, Bloomberg News reported without naming its sources. The social media giant will beat its 2010 estimate of $1.5 billion in revenue, after bringing in sal…

Yahoo to Lay Off Hundreds, as Early as Today

Can 700 more layoffs really solve Yahoo’s problems?
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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…