February 17, 2009

Facebook’s New ToS: We Own Your Stuff Forever

February 17th 2009

In 2007, Facebook was valued by Microsoft at about $15 billion. It garners substantially less financial enthusiasm these days, at about $3-$4 billion. Not too shabby. Of course, the big question is why. Has it actually made a profit, or is this 1999 again? The valuation may very well be based upon the data Facebook […]