News

Goldman Invests in Facebook at $50 Billion Valuation

Goldman Sacks gave its blessing to Facebook with a $500 million investment which puts its value at $50 billion. Facebook now is worth more than eBay, Yahoo and Time Warner as reported by the New York Times. This follows the news of Facebook beating Google as the most visited website in 2010. These events confirm that the power of the user generated web is gaining significant momentum. The infographic above (courtesy of The Next Web) shows how the value of Facebook compares to other major online brands. Goldman Sacks gave its blessing to Facebook with a $500 million investment which puts its value at $50 billion.

The police finally catches-up with Brooklyn e-commerce bully

I was happy to learn that finally, Vitaly Borker, the e-commerce bully and owner of decormyeyes.com that terrorized countless customers, was put behind bars. This story was first reported by the New York Times. The shocking twist to this story was that the more abusive Borker acted and the more complains he generated, the higher he was ranked by Google so he was getting rewarded with even more traffic and more victims. It seemed at the time that none could stop him, but as a result of the NYT story, Google fixed its search algorithm to prevent negative reviews from generating positive search results and law enforcement has finally caught up with this unsavory character. Read the story finale. I was happy to learn that finally, Vitaly Borker, the e-commerce bully and owner of decormyeyes.com that terrorized countless customers, was put behind bars.

Can Pulse be the future for printed news?

Pulse on an iPad And I thought the news feeds in my i Google home page we'd get me all the news I need. Here comes Pulse the top selling iPad app blessed by Steve Jobs that can quickly build your personal newsfeed with the newspapers, magazines and blogs of your choice. Here is the story about Pulse, its twenty-something creators, the deals and the future of publishing.  And I thought the news feeds in my i Google home page we'd get me all the news I need.
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