Offer from Russian investor puts value of at least $6.5 billion on Facebook

September 15th, 2009 Facebook says it passed key financial milestoneSAN FRANCISCO — Facebook Inc. said Tuesday it achieved an important financial milestone, bringing in more money than it spent in the last quarter.

June 29th, 2009 Facebook picks David Ebersman as new CFONEW YORK — David Ebersman, a former executive at biotech firm Genentech, was named Monday as Facebook's chief financial officer. Ebersman, 39, will formally start at the Palo Alto, Calif.-based online hangout in September.

February 20th, 2009 MUMBAI - Infrastructure and construction major Larsen and Toubro (L&T) Friday said it was studying the go-ahead given to scam-hit Satyam Computer Services to rope in a strategic investor with a combination of fresh equity and an open offer to shareholders. L&T is now the largest shareholder in Satyam.

November 25th, 2008 Facebook offered to buy Twitter for $500 million of overvalued Facebook stock, Kara Swisher says. Twitter rejected the offer for several reasons: And they can be, At Facebook's real valuation, $5 billion or so, the offer only amounted to $150 million (not bad for two-year old company with no revenue, but a far cry from the billion-dollar dream) Twitter has high hopes for its own secret revenue model which will be announced next year.

September 25th, 2009 Something to tweet about: Twitter valued at $1BSAN FRANCISCO — Twitter Inc.'s founders now have a billion-dollar baby, and they seem determined to raise it without a corporate parent. That was the message underlying Friday's news that Twitter has lined up $100 million to finance its operations while founders Evan Williams and Biz Stone plot ways to make money off one of the Internet's most popular communications tools.

February 25th, 2009 HYDERABAD - The government-appointed directors of Satyam Computer Services are set to meet here Thursday amid indication they are yet to receive the official go ahead for the process to be adopted to get a strategic investor to keep the cash-starved IT major afloat. A clear picture on who the strategic investor would be would emerge in six to eight weeks, the embattled company told its employees ahead of the board meeting.

March 12th, 2009 MUMBAI - Infrastructure major Larsen and Toubro (L&T) and Mahindra and Mahindra's IT arm Tech Mahindra were among the bidders to register interest Thursday in acquiring a 51-percent stake in scam-hit Satyam Computer Services. L&T, which already holds 12 percent in the Hyderabad-based IT major said, in a regulatory statement: 'The company has registered its interest in participating in the bidding process set out by the board of Satyam Computer Services.' Earlier in the day, Tech Mahindra also registered interest in bidding.

July 7th, 2008 Yahoo! spent the July 4 weekend in discussions with its lead adviser, Goldman Sachs, and potential bid partners including Time Warner in a desperate bid to defend itself from shareholders meeting on August 1 to vote on whether to re-elect their board. The possible merger with Times-Warner's AOL division could be worth as much as $10 billion (£5 billion).

March 9th, 2009 HYDERABAD - Fraud-hit Satyam Computer Services Monday said it had started the process to sell 51-percent majority stake in the company by way of a global auction after India's market regulator gave it the go-ahead last week to do so. 'Commencing today (Monday), all interested bidders should register their interest in participating in the bidding process,' the company said in a regulatory filing.

August 8th, 2009 LONDON - A blogger who was targeted in a coordinated attack against websites such as Facebook and Twitter has told the BBC that he blames Russia for the assault. According to a report by BBC News, the pro-Georgian blogger, known as Cyxymu, said he had been targeted for "telling the truth about the Russian-Georgian war" in his writings.

July 5th, 2009 UK spy chief's family details posted on FacebookLONDON — Photos and family details about the newly appointed head of Britain's international spy agency have been removed from a social networking Web site. The Mail on Sunday newspaper reports that the information was posted by the wife of John Sawers on her Facebook page.

January 28th, 2009 MOSCOW - A man in Russia's Urals has admitted killing his wife after stumbling across her details on a dating website and discovering that she had cheated on him, Russian media has reported. The man, from the town of Lysva in Russia's Perm Territory, found that his wife had registered on the loveplanet.ru dating website as 'Angel'.

March 12th, 2009 MUMBAI - Satyam Computer Services has begun the procedure of selecting an investor by inviting expressions of interest from bidders. SEBI has recently authorized Satyam to sell up to 51 percent stake.

May 13th, 2009 Armenian teenager killed after online clash YEREVAN, Armenia — Police say an Armenian teenager was killed after a dispute on a popular social networking Web site. Interior Ministry spokesman Sayat Shirinian said Wednesday that 17-year-old Tigran Tadevosian died in a hospital shortly after being assaulted by four teenagers on April 26.

May 13th, 2009 LONDON - A survey on the most popular online brands in the UK has revealed that Facebook tops that chart, accounting for 13 per cent of all UK internet time last month. As per Nielsen Online, which tracked the top 10 most popular online brands, this equated to the UK users spending one in every eight minutes on the site.