X17 News

Facebook Now Valued At $65 billion
(03/04/11 2:10 PM) NEW YORK, New York (X17online) - Facebook's valuation is up 30 percent from the $50 billion valuation assumed in a January investment by Goldman Sachs and Russian investor Digital Sky Technologies, and is now worth upwards of $65 billion.
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Facebook Gets Ready For Possible 2012 IPO
(01/07/11 11:28 AM) NEW YORK, New York (X17online) - Facebook announced it will begin disclosing financial results by April of 2012, after a Goldman Sachs document revealed the company’s financials, showing a $355 million profit on $1.2 billion in revenue for the first nine months of 2010, the New York...
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Facebook Gets Goldman Sachs Investment Based On $50 Billion Valuation
(01/03/11 9:16 AM) LOS ANGELES, California (X17online) - Facebook has just raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, making the company more valuable than eBay, Yahoo and Time Warner.
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Facebook Beats Google As Most Visited Website For 2010
(12/30/10 9:45 AM) LOS ANGELES, California (X17online) - Facebook was once again the top search term for the second year in a row, beating out Google and Yahoo! mail.
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The Social Network Wins Five Toronto Film Critics Awards
(12/14/10 7:44 AM) TORONTO, Canada (X17online) - The Toronto Film Critics Assn. has just named The Social Network best picture of 2010.
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The Social Network Tops The Box Office
(10/11/10 8:31 AM) LOS ANGELES, California (X17online) - David Fincher's The Social Network remains the box office favorite for the second week in a row ... grossing $15.5 million.
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