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Facebook Gets $60M From Asia Billionaire
SAN FRANCISCO (AP) - Facebook Inc. has raised $60 million from Hong Kong billionaire Li Ka-shing, adding to the list of financial heavyweights backing the online hangout's rapid growth. Li, 79, will receive a 0.4 percent stake in Palo Alto-based Facebook in return for his investment, according to...
SAN FRANCISCO (AP) - Facebook Inc. has raised $60 million from Hong Kong billionaire Li Ka-shing, adding to the list of financial heavyweights backing the online hangout's rapid growth. Li, 79, will receive a 0.4 percent stake in Palo Alto-based Facebook in return for his investment, according to...