Thursday 6 January 2011

Report: Facebook deal prompts SEC review of rules

Report: Facebook deal prompts SEC review of rules
Federal regulators are reviewing reporting rules for private companies after an investment deal between Facebook and Goldman Sachs helped the social networking giant delay going public, according to a published report.
Read more on AP via Yahoo! News


Facebook shields itself from market
An injection of cash that values Facebook at US$ 50 billion ($ 64 billion) will help it delay going public for at least another year, giving the company

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