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		<title>Russian group offers Facebook $200m investment</title>
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		<pubDate>Fri, 02 Oct 2009 21:54:30 +0000</pubDate>
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A Russian Internet group, Digital Sky Technologies, has offered to invest $200 million in Facebook in a deal that would value the social networking site at $10 billion.
&#8220;Facebook is a private company, so as a matter of policy, we don&#8217;t typically share details about our financial plans or comment on rumor and speculation,&#8221; the company [...]]]></description>
			<content:encoded><![CDATA[<p><img class="size-full wp-image-2574 alignnone" title="facebook" src="http://seo-dns.com/en/wp-content/uploads/2009/10/facebook.png" alt="facebook" width="240" height="252" /></p>
<p><span style="color: #808000;"><strong>A Russian Internet group, Digital Sky Technologies, has offered to invest $200 million in Facebook <span id="more-2572"></span>in a deal that would value the social networking site at $10 billion</strong>.</span></p>
<p>&#8220;<strong>Facebook</strong> is a private <strong>company</strong>, so as a matter of policy, we don&#8217;t typically share details about our <strong>financial</strong> plans or comment on rumor and speculation,&#8221; the <strong>company</strong> said in a statement.</p>
<p><a href="http://seo-dns.com/en/sem/seo/eastern-europe/russia/" target="_blank"><strong>Russia&#8217;s</strong></a> Digital Sky Technologies was not immediately available to comment on the report.</p>
<p><strong>Facebook</strong> Chief Executive Mark Zuckerberg told the <strong>Reuters</strong> Global Technology Summit this week that, &#8220;If there&#8217;s an <strong>investment</strong> to be done on very good terms, we will consider it if for no other reason than to have more buffer if we want to do something in the future.&#8221;</p>
<p>&#8220;Some of the rumblings that people are reporting on, are just different conversations that have happened, but there&#8217;s really nothing new to talk about there,&#8221; he added.</p>
<p>Digital Sky Technologies, which owns a stake in <strong>Russia&#8217;s</strong> <strong>Mail.ru</strong> <strong>Web</strong> <strong>site</strong>, offered an <strong>investment</strong> of $200 million in the <strong>company&#8217;s</strong> preferred <strong>stock</strong>, which would value it at $10 billion, and an additional $100 million to $150 million <strong>investment</strong> in the <strong>company&#8217;s</strong> common <strong>stock</strong>, which would value it at $6.5 billion, the report said.</p>
<p><strong>Facebook</strong> last got funding from <strong>Microsoft</strong> Corp in 2007, when the software <strong>company</strong> paid $240 million for a 1.6 percent stake in the <strong>company</strong>.</p>
<p><strong>Facebook</strong> has more than 200 million active <strong>users</strong>, double the number it had last August. The <strong>company</strong> also ranks as one of the top photo-sharing <strong>websites</strong>, with more than 15 billion pictures uploaded onto its service.</p>
<p><em>www.reuters.com</em>
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