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Is the End of Web 1.0 Around the Corner?
Tuesday, October 4, 2011 - 11:55am | 621Over the weekend, we learned that Alibaba CEO Jack Ma had expressed his interest in buying Yahoo (NASDAQ: YHOO), as Yahoo owns 39% of the Chinese Internet company. Today, we got a report that Silver Lake, Alibaba Group, and Russia's Digital Sky Technologies are in serious talks about a potential...
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Investors Push Twitter Worth to $8.4B
Tuesday, August 2, 2011 - 11:51am | 361Will @wallstreet save us a seat at the dinner table? #8billion, #IPO2012 The Wall Street Journal reported Tuesday that Twitter has secured multiple investors for a rumored $800 million including a "significant round of funding" from venture capitalist Yuri Milner and Digital Sky Technologies....
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Update On Sina, DST Investment
Friday, July 1, 2011 - 10:07am | 91There is an update to the SINA Corporation (NASDAQ: SINA) situation. Earlier reports had that Digital Sky Technologies wanted to invest $500 million into the company's Twitter-like service, known as Weibo. Now, Digital Sky Technologies is saying that it never offered to invest $500 million into...
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Ever Wondered Who Really Owns Facebook? (GS)
Wednesday, January 19, 2011 - 2:49pm | 136In a report focusing on the Internet and social media, Wedbush discusses the value of Facebook (which has surged above $70 billion), rumors of a Facebook-branded phone, and the success of Zynga's Cityville. Among the facts and theories is an interesting graph that outlines the owners of Facebook. “...
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How to invest in Facebook before the company's IPO
Tuesday, January 4, 2011 - 9:39am | 349If you don't have $1 million laying around, you won't be able to trade shares on secondary markets like SharesPost or SecondMarket, but that doesn't necessarily mean you're cut off from investing in Facebook before the company's IPO. There are a handful of public companies that already have their...
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Goldman Sachs Invests $500 Million in Facebook, Currently Valued At $50 Billion (GS)
Monday, January 3, 2011 - 1:54am | 378Dealbook is reporting that Goldman Sachs (NYSE: GS) has invested $450 million in the social network site Facebook at a valuation of $50 billion. The report cites unnamed sources familiar with the transaction, and says that Russian investment firm Digital Sky Technologies, which has already plowed...