Wednesday, April 19, 2006

More Facebook!!!

What with all the mention of Facebook.com in our classes as such an admirable site, it might come to the relief of a few that they've raised an additional $25 million in venture capital from Silicon Valley investors, putting to rest rumors of acquisition offers.

http://www.siliconvalley.com/mld/siliconvalley/14377643.htm

"The company has risen to the seventh most-visited site, by page views, according to comScore Media Metrix, a consumer research service. It had 7.56 million page views in March, a 37 percent increase from February.... Late last month, Business Week reported the company had turned down a buyout offer for $750 million and was looking for as much as $2 billion, citing analysts saying that Viacom, owner of MTV, might make a good match."

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