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Investments place value of Facebook at $50 billion

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THE ASSOCIATED PRESS

January 4, 2011 - 8:06 am

NEW YORK -- An injection of cash that values Facebook at $50 billion will help it delay going public for at least another year, giving the company breathing room to focus on long-term ambition rather than short-term profit. The infusion - $500 million from elite investment house Goldman Sachs and a Russian investor, represents the most emphatic endorsement yet of Facebook's potential to make money in online social networking.

Russian drone, missile attack on Kyiv kills 6, injures at least 35

By Hanna Arhirova, Samya Kullab and Vasilisa Stepanenko The Associated Press

November 14, 2025 - 7:13 am

Russia used at least 430 drones and 18 missiles in the nighttime attack, Ukrainian President Volodymyr Zelenskyy said.

Judge orders Las Vegas sports betting influencer to pay over $30M

By Noble Brigham / RJ

November 14, 2025 - 6:48 am

The judgment was entered in a lawsuit between “Vegas Dave” and an upscale vacation rental company in Los Cabos, Mexico.

School Board mulls later start times after survey nets 48K responses

By Spencer Levering / RJ

November 14, 2025 - 6:57 am

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By Casey Harrison / RJ

November 13, 2025 - 10:27 pm

Mayor Michelle Romero gave the annual State of the City address Thursday to a crowd of several hundred people at the M Resort.

The Capitol is pictured in Washington. (AP Photo/J. Scott Applewhite)

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By Debra J. Saunders / RJ

November 13, 2025 - 5:04 pm

It took moderate, bipartisan heroes to put down Democrats’ filibuster this week, get the Senate to 60 votes and reopen the federal government.

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By Ricardo Torres-Cortez / RJ

November 13, 2025 - 5:16 pm

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Lombardo wants to revisit bill for sunken neighborhood

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Special session: Film tax credit bill narrowly survives early challenge in Nevada Legislature

By McKenna Ross and Katelyn Newberg / RJ

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By Mick Akers / RJ

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