Hello, today is: 12 March, 2010

Facebook’s $200M Cash Cushion May Be a Lifeline

Facebook today confirmed that it has received a $200 million investment from Digital Sky Technologies, valuing the Palo Alto, Calif.-based company at $10 billion, significantly less than it was in 2007 after an investment made by Microsoft valued it at $15 billion. In a conference call discussing today’s news, Facebook CEO Mark Zuckerberg blamed [...]

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