Facebook investor Digital Sky Technologies on Tuesday offered to buy up to $100 million worth of employees' common stock in a deal that values the top U.S. social network at $6.5 billion.The Russian company, which has invested in a number of successful eastern European and Russian Internet companies, purchased $200 million worth of preferred stock in May, giving it a 1.96 percent stake in Facebook. |
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.