Facebook Receives $1 Billion from Goldman Sachs Overseas Offering; Digital Sky Technologies and Goldman Sachs Also Recently Made $500 Million Direct Investment Investment Values Facebook at $50 Billion Facebook yesterday announced it has raised U.S.$1.5 billion at a valuation of approximately $50 billion. The transaction consisted of two parts. Today, Goldman Sachs completed an oversubscribed offering to its non-U.S. clients [...]
End to YouTube ban in sight after over 2 years – Popular video sharing website YouTube has been blocked in Turkey for two-and-a-half years, following a highly embarrassing lawsuit. Popular video sharing website YouTube has been blocked in Turkey for two-and-a-half years, following a highly embarrassing lawsuit. Although users can access the site through relatively simple steps, such as changing [...]
Russian hacker Kristiana Svechinskaya is accused by multi-million dollar internet fraud scam according to famous British newspaper Mirror. She was was arrested in New York City earlier this month, accused of being a part of an internet fraud ring alleged to have used malware and trojan viruses to steal $35 million from US bank accounts. Svechinskaya was among four New [...]
As well known, Cloud Computing is online-based computing, whereby shared resources, software, and information are provided to computers and other devices on demand, like the electricity grid. Cloud computing allows you to host your files on the web, run your own applications, launching operating systems and scale them. Amazon.com the Online shopping site from the earth’s biggest selection of books [...]
