Technology News

#1 (permalink)

Yesterday came news that Microsoft invested $240 million into Facebook, valuing the company at $15 billion. How much is $15 billion? It’s hard to understand how much money that really is. But this evening a friend helped put it into perspective in a conversation about the deal: among the pure-play U.S. Internet companies, only Google, eBay, [...]

Read More About: Perspective: Facebook Is Now 5th Most Valuable U.S. Internet Company...

#2 (permalink)

I don't really believe that the company is worth THAT much. While it may be a popular site, and does provide some value to its customers, I don't think it will be as popular in the years to come, I predict the fad-site will have a downfall, similar to how the dot-com bubble popped back in 2000.

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#3 (permalink)

I think I'd have to agree with you James. I doubt Facebook is actually worth that much - it probably isn't going to last that long (5 years or so) - they only made Microsoft pay that much because IT IS MICROSOFT. It's generally an image thing I think