Report: European Founders Fund invests in Facebook?
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A blog reports that a trio of German brothers have invested in Facebook through their firm, the European Founders Fund. No more details are available at the moment.
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Yahoo has apparently offered $900 million for social networking site Facebook, media reports indicate. The offer is still being considered and negotiations said to be ongoing.
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These days, numbers just seem to blur together. Microsoft is thinking about paying $500 million for 5 percent of Facebook, which would make that company worth $10 billion. VMware, in which parent company EMC recently sold a stake to the public, is currently valued at $30 billion (that's just for VMware, not the whole of EMC).
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Social networking site Facebook has acquired Parakey Inc., a start-up run by the founders of the Firefox Web browser project, with the goal of entering the business of Web-based operating systems.
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Social networking site Facebook has bought internet start-up Parakey.
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A Forbes writer reportedly overheard that two New York-based hedge funds have infused the social network with something in the neighborhood of $250 million.
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There was a dream that was web 2.0...sob Comment Silicon Valley's onanistic elements have been in vinegar-stroke mode for an age over the tussle between Google and Microsoft to invest in $15bn profit-lite social networking phenomenon Facebook.â¦
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HE ALREADY OWNS myspace.com and now it looks like media mogul Rupert Murdoch wants to infiltrate the social-networking upstart Facebook. It has been reported that he wants to set up an official Sky-branded group on the site to promote the broadcaster's services.
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Microsoft Corp is planning to invest  up to $250 million for a minority stake in social networking  site Facebook.com, The Wall Street Journal reported on its Web  site on Wednesday.
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Facebook's backers launch fbFund to give grants to startups developing Facebook applications.
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Microsoft Corp is talking to Facebook  about buying a minority stake in the fast-growing online social  network that could value the company at $10 billion or more,  the Wall Street Journal reported on its Web site on Monday.
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One of Europe's largest social  networking sites, Passado.com, said on Tuesday it had raised 10  million euros ($13.2 million) as it plans to expand into  Britain, Russia and Italy.
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Like rival lovers, Google and Microsoft are intensely courting Facebook as the social-networking upstart picks petals off a flower -- &quot;she loves me, she loves me not&quot; -- and tries to decide which of the two will be allowed to buy a minority stake in the company, according to press reports.The Wall Street Journal and The New York Post reported Wednesday that Facebook will likely make a decision within a day or two, and that the chosen company will also get a deal to provide ads for the social network&#39;s sites outside of the U.S.Google, Facebook, and Microsoft all declined to comment when contacted by IDG News Service.Founded in 2004, Facebook&#39;s popularity has skyrocketed during the past year or so. Its user ranks have increased to about 47 million active users today from 12 million in December. More than half of its active members return to the site daily.As such, it is perceived as an attractive vehicle for online advertising, although some industry experts question how effective social-networking sites are for advertisers.In a social-networking site, particularly one as restricted as Facebook, people mostly visit the pages of their acquaintances, to see their latest comments, photos, and videos.For Facebook, MySpace, and other social sites like YouTube and Flickr, it&#39;s still unclear whether enough advertisers will feel comfortable running their ads on pages with potentially objectionable material whose creation is largely unregulated and created by millions of individuals.Facebook will likely share ideas for revving up its advertising business on Nov. 6, when it holds an event in New York to which it has invited what it calls &quot;its closest advertisers.&quot;&quot;As part of [the event], Facebook executives will discuss new approaches for advertising online,&quot; a Facebook spokeswoman said. &quot;We are not sharing any further details.&quot;In addition to the advertising questions, Facebook, MySpace, and others are in the crosshairs of law enforcement agencies in the U.S. and abroad because sexual predators use social-networking sites to stalk and victimize people, in particular minors.Still, Facebook is the Internet company with the loudest buzz now, and the anonymous sources for the Journal and the Post articles suggest that the price of the minority stake in play gives Facebook a total valuation of between $10 billion and $15 billion.Both newspapers reported that in addition to Google or Microsoft, other investors might be involved in the acquisition of the ownership stake.The Journal first reported Google&#39;s and Microsoft&#39;s pursuit of the Facebook investment a month ago.
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The French government is considering a linkup of European Aeronautic Defence &amp; Space Co. with Thales SA to create an aerospace giant, the financial daily Les Echos reported Friday.
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Facebook has become such a popular social networking site that some companies are betting their businesses on it.Participants in a panel at the Web 2.0 Summit conference in San Francisco Thursday cited the impact of Facebook."We looked at the Facebook platform before it launched and came away with the conclusion that this could be the greatest paradigm shift in technology since the Internet itself," said panelist Ali Partovi, CEO of the iLike music discovery service.iLike bet close to 100 percent of its business on Facebook, he said."We made a very big bet. We basically decided to halt work on our own Web site and spent the next [several] weeks that we had building a Facebook application," Partovi said. iLike's own Web site, meanwhile, is used to drive traffic to the Facebook application, he said."Literally, within the first 24 hours, our Facebook registrations exceeded the rest of our Web site," by a dramatic amount, he said. In the first 12 hours, iLike signed up 10,000 users, followed by 10,000 more in the next three hours and 10,000 more in the next two hours, he said.Facebook application developer Slide is probably allocating 35 percent of its efforts to the site, said Slide Vice President Keith Rabois. Slide decided to invest in Facebook because it created an open environment that encouraged developers to make money for the first time."That has been a sea change," Rabois said.Facebook opened the floodgates for a raft of innovations, said Seth Goldstein, CEO and co-founder of SocialMedia, which also has developed applications for Facebook. Facebook has 2 million users, half of whom use it daily, he said."There's a level of engagement," inside the Facebook platform, he said.Another panelist noted Facebook widgets. "The neat thing about the Facebook platform is you can actually talk to friends through widgets, thorough the APIs," said Lance Tokuda, CEO of the RockYou photo-sharing site.
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Investor's Business Daily - Iran: Sanctions alone will not stop Tehran's Islamofascist regime from building a nuclear weapon -- so warns a new European Union report. Why in the world did it take them so long to face up to the obvious?
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Blog: Popular social-networking site makes its first buy: Parakey, a Web start-up created by Firefox's co-founders.