January 21, 2011
Jan. 21 (Bloomberg) — Lou Kerner, a social-media analyst at Wedbush Securities Inc., talks about $1.5 billion in financing raised by Facebook Inc., owner of the world’s most popular social-networking site. Goldman Sachs Group Inc. — and funds managed by the firm — along with Digital Sky Technologies invested $500 million in Facebook in December, valuing the company at $50 billion, Facebook said today in a statement. Goldman Sachs has also completed an oversubscribed offering to its non-U.S. clients in a fund that invested $1 billion, also valuing the company at $50 billion. Kerner talks with Carol Massar, Julie Hyman and Matt Miller on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
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January 21, 2011
Jan. 21 (Bloomberg) — Roger Porter, a professor at the Kennedy School at Harvard University, talks about the Obama administration’s economic policies and plans to review U.S. business regulations. President Obama today appointed Jeffrey Immelt, General Electric Co.’s chief executive officer, to head his outside panel of economic advisers. Porter talks with Matt Miller and Carol Massar on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)
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