Facebook Valued At $50 Billion

03 Jan 2011 by Jasmine Stone in Business, World

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Facebook has been valued at more than $50 billion, which is more than Time Warner. Justin Timberlake probably thinks that’s really cool.

The Great Folly Of Zuckerberg cracked the 50 billion mark after raising $500 million in investment from Goldman Sachs, and a Russian company called Digital Sky.

In other news, Facebook’s affirmation as a global media giant didn’t stop it from posting horrifyingly creepy advertisements on my wall.

My…Precious…

[Source : News24]

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