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Wednesday, July 09, 2008

Q: How much is Facebook worth? A: $11.25 billion less than last year.

Last year, when Microsoft invested in Facebook, the social networking phenomenon was proclaimed to be worth USD $15 billion. This week, according to legal papers, it has been revealed that Facebook itself reckons it is only worth a paltry USD $3.75 billion instead.

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Co-founder of IT Security Thing Ltd, Davey Winder is a three time winner of the Information Security Journalist of the Year award (2006/2008/2010) and received the prestigious Enigma Award for his lifetime contribution to information security journalism in 2011.

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