Goldman Sachs | mediaME

Microsoft considering bid for Yahoo!

Mon, 2011-10-10 10:02 - By

Digital Media, Media Business, Media, Alibaba, Allen & Co, AOL, Goldman Sachs, Microsoft, Microsoft Corp, Reuters, Yahoo!

According to Reuters, Microsoft Corp is considering a bid for Yahoo! Inc., which has a market value of about $20 billion and is readying financial pitch books for potential buyers. One camp inside Microsoft is hot for the deal, believing that it would create a strong Web portal that can offer better products to audiences, advertisers and end users.

Facebook now has 750 million users

Tue, 2011-06-28 00:00 - By

editor

Media Business, Media, Public interest, 750 million, Facebook, Goldman Sachs, services, socialbakers, TechCrunch, users

Facebook’s incredible worldwide growth has reached another major milestone: the service now has 750 million monthly active users, according to a source close to the company. We reached out to Facebook for confirmation, and a company spokesperson responded that they don’t have anything to announce at this time.

Facebook valued at 50 billion dollars

Tue, 2011-01-04 12:32 - By

editor

Media Business, Report, Media, AFP, Boeing, Digital Sky Technologies, eBay, Facebook, Goldman Sachs, Google, Mark Zuckerberg, Time Warner, Yahoo!

According to a report by AFP, Facebook has raised 500 million dollars from US investment bank Goldman Sachs and a Russian firm in a deal that values the social-networking website at 50 billion dollars, The New York Times reported Monday. The investment makes Facebook worth more than US aerospace giant Boeing and fellow Internet companies eBay and Yahoo!, as well as media company Time Warner.