Another $60 Million For Facebook
Kara Swisher is reporting that Facebook has grabbed another investor - $60 million from Hong Kong billionaire Li Ka-shing.
While a lot of people were beginning to doubt Facebook’s ability to raise more money after getting a lofty $15 billion valuation following a $240 million investment from Microsoft last month, it seems the stakes are not too high for Hong Kong billionaire Li Ka-shing, who has made an investment of $60 million in the hot social networking company, according to sources with knowledge of the transaction.
The 79-year-old...
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