Blog Post

Notable News From the Tech World

Facebook reportedly turned down an $8 billion valuation (nearly half of the $15 billion it was valued at when it raised $240 million from Microsoft 18 months ago) investment round because investors wanted to keep an eye on their money with a seat on the Facebook board. The company also claims 2009 revenue will be $550 million after booking $280 million in sales in 2008.

Notable Quote

What Web 2.0 got right: Humans are not dumb terminals” — Miko Matsumura
Vice President & Chief Strategist, Software AG

Notable News