Facebook also has plenty of money in the bank: $3.5 billion, according to the report. That doesn’t compare with a massive war chest like Apple’s $81.6 billion, but it’s certainly enough to make big acquisitions when necessary. And as Gawker points out, it’s an amount that would make the likes of Yahoo and Adobe jealous.
Gawker’s source also reiterated previous reports about Facebook’s upcoming IPO, in which the company is expected to raise $10 billion at a $100 billion valuation. Basically, expect Facebook’s pocketbook to grow next year, and for some big spend acquisitions to follow.
Syria, Homs ||Secret Police shooting peaceful protesters
Under fire in Homs, Syria
Mass protests continue in Syria (2:19)
June 21 - Mass demonstrations continue in Syria after Assad’s pledged reforms have yet to yield change. Deborah Lutterbeck reports
Body on the streets of Hama, Syria (1:55)
Aug. 5 - Amatuer video purportedly shows protesters removing a body in the aftermath of shelling in Hama. Deborah Lutterbeck reports
Demonstrations continue in Syria (1:43)
Aug. 19 - Protesters were back out on the streets Friday amid reports that 20 were killed after Assad said the crackdown was over. Deborah Lutterbeck reports
Marching across Syria (1:40)
Sept. 2 - Demonstrations continue in Syria amid reports that six protesters were killed Friday. Deborah Lutterbeck reports
Gunfire in Syria (1:45)
Sept. 3 - Amateur video out of Syria purportedly shows gunfire on the streets of Douma, a suburb of Damascus. Deborah Lutterbeck reports.
Capturing 9/11: Stories from Reuters videographers (6:38)
