Remember when Fake Steve Jobs (later reiterated by Forbes) said that two New York based hedge funds (hedgetards, as he called them), have invested an additional $500 million in Facebook?
Well, Inside Facebook now reports he was - for the most part - wrong. Facebook is looking for another $500 million of financing, and some hedge funds might have given some offers, but the deal is not done yet. Offers are on the table, though, and we can expect word on the outcome soon.
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User comment: By: nvricheI think Google OpenSocial is about to steal the thunder from FaceBook. Mu ha ha ha ha ha ha
Visit here to subscribe to these commentsUser comment: By: Mike AbundoWith Google OpenSocial out, Facebook suddenly doesn't look so sexy.
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