Facebook has increased its value to $50 Billion through the infusion of $500 million from Goldman Sachs and a Russian investor. The addition investments place Facebook’s worth twice as much as of Yahoo! and even about equal the worth of Boeing and Kraft Foods.
Facebook has more than 500 million users with 30 billion links each month. It is a free social networking site and it makes a lot of money from selling highly targeted ads. It is also considere as the no.1 competitor of Google Adwords.
