Social Media News

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Facebook raises $500 Million in Funding Posted: 03 Jan 2011 04:47 PM PST Facebook has raised an additional US$500 million in a new round of Venture Capitalist Funding. Goldman Sachs has invested $450 million and Russian investment firm Digital Sky Technologies has invested $50 million. This puts Facebook at a valuation of around US$50 Billion. There has been speculation that an initial public offering (IPO) will be set for 2012. Facebook will no doubt be looking to raise more money over 2011 so the company can invest in growth and human capital. © admin for Social Media News, 2011. | Permalink | No comment | Add to del.icio.us Post tags: $50 Billion, 2011, 2012, 500 Million, Digital Sky Technologies, Facebook, Goldman Sachs, initial public offering, IPO, Russian investment firm, US, Venture Capitalist Funding

Happy ‘Social Media’ New Year Posted: 03 Jan 2011 03:43 PM PST Hello All, I would like to take this opportunity again to wish you all a happy new year and prosperous 2011 ! I hope you all had great new years eve celebrations. I certainly had an awesome time and great start to 2011. It will be interesting to see how social media in Australia (and globally) unfolds further this year with new products/ developments and social media marketing tactics. Cheers, SocialMediaNews.com.au © admin for Social Media News, 2011. | Permalink | No comment | Add to del.icio.us Post tags: Australia, developments, Happy new year, products, Social Media, social media marketing, Tactics

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