An independent journal about the Gannett Co. and the news industry's digital transition
Monday, January 03, 2011
Reports: Goldman invests $500 million in Facebook
The deal values the social network at $50 billion, making it now worth more than companies like eBay, Yahoo and Time Warner, according to published reports this morning by The New York Times and The Wall Street Journal, which each cite sources they do not identify.
In contrast, based on its current $15.61 share price, Gannett is worth $3.7 billion, according to Google Finance.