Dec 6, 2011

Louis Vuitton Bags Advertising Campaigns

Facebook has reportedly raised funds from Goldman Sachs as well as a Russian investor in a deal valuing the social networking internet site.The New York Occasions said that Goldman was investing $450m in Facebook, and Digital Sky Technologies one more $50m.The paper, citing unnamed sources, mentioned the terms with the deal implied a value for Facebook of just over $50bn.ldman's involvement could also raise speculation that Facebook may float on the stock market.The Monetary Times also reported that Goldman was investing $375m in Facebook, with Digital Sky putting in $75m.Cashing in A Facebook spokeswoman told the BBC that the company was not commenting on the New York Occasions story. Goldman also declined to comment.If valued at $50bn, Facebook is worth more than eBay and Time Warner.The fresh investment is expected to be employed to fund development of new items and possibly make acquisitions, the New York Times said.It could also enable Facebook staff and early investors to money in some of their stakes.

The paper mentioned the Securities and Exchange Commission (SEC) was looking in the growth in the private market place for trading in companies like Facebook, Twitter, and LinkedIn.Regulators are concerned that, with this private market booming, businesses are able to circumvent public disclosure specifications.Further scrutiny by the SEC could aid push Facebook towards a public listing, despite the fact that the company's founder, Mark Zuckerberg, has denied you will find plans for a flotation.Hundreds of French mobile phone users say a bug has prompted them to send dozens of unintended new year messages.French mobile operators have already revealed that 930m texts had been sent on New Year's Eve and New Year's Day.Now it has emerged that individual Orange buyers unwittingly sent as several as 130 text or picture messages - potentially at a high extra expense.Orange has blamed a "network operator failure" for the bug, saying it affected only a couple of hundred folks.

Dozens of buyers complained that the issue had led to them becoming charged hundreds of euros added. Multimedia (MMS) messages have a tendency to be charged at a greater rate than text only (SMS) messages.One user, who identified himself only as Didier, wrote on an Orange user forum that he had been billed for 300 picture messages.Yet another complained that his family and pals had received exactly the same MMS text 15 times.Orange, that is owned by France Telecom, pledged that no-one would be overcharged.A spokesman for the organization mentioned that one "of the network operators had had technical troubles during the night" and refused to name the operator in question.Nonetheless, other operators insisted they had not encountered any difficulties.

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