Digital Week in Review: Goldman Gives Facebook a 450 Million Dollar Lift

Goldman gives Facebook a $450M Lift; e-Commerce Times
Facebook is gearing up to compete in the major leagues, and it just got a strong helping hand from Goldman Sachs, to the tune of $450 million. Goldman partner Digital Sky poured another $50 million into the social network, which brings its valuation to a cool $50 billion.
The Takeaway: Facebook shares have been trading on the private market as though the company is worth $50 billion. The Goldman investment suggests the private trading has been on target.

Google Planning Digital Newsstand; PC Magazine
Google is working to build a digital newsstand for Android-based tablets and cell phones that would distribute newspaper and magazine content, according to a Wall Street Journal report.
The Takeaway: With more and more publications turning to mobile solutions with little or no success, Google’s jumping into the game serves as a means to legitimize the competition.

Compete Says Bing’s Combined Market Share Rose 29% Last November; TechCrunch
comScore came out with a report that said Microsoft’s Bing had reached an all-time high market share of 11.8% in November 2010.
The Takeaway: While the road to beat Google is still a long one for Bing, they are closing in on them much faster and more efficiently than anyone had ever expected.

Google Adds New TV Partner; Web Pro News
Vizio a leading TV maker in the U.S. Vizio is making a new line of TVs and a Blu-ray player incorporating Google TV that will hit shelves later this year.
The Takeaway: This is the first time that Google TV will be skinnable, just like regular old Android, and be able to have UI layers like HTC Sense on top of them.

Find out what we can do for your bottom line.

Our flexible solutions will help you meet (and exceed) your business goals.

Let's Talk