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Mega Millions Jackpot: Close To Half A Billion
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Mega Millions, the latest popular lotto game, is certainly living up to its name recently. The drawing last night, worth $363 million for six numbers, didn’t produce a single winner–although almost 50 people came close with five of the correct …

Facebook Gets $8 Billion Line of Credit Facebook Gets $8 Billion Line of Credit
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As part of some strategic moves Facebook is making ahead of their IPO, the company has received financing to the tune of $8 billion. The loans include a $5 billion revolving line of credit and a $3 billion 364-day bridge …

Tweet Milestone Accelerating Beyond Expectation

Twitter hit  a new milestone yesterday – 20 billion tweets.

According to Mashable, the milestone comes just two months after the service hit 15 billion tweets and about five months since it reached 10 billion, indicating that activity levels on the microblogging service continue to accelerate.

Twitter Secures One Billion Dollars In Funding

So it looks like Twitter has entered some rarefied air for sure. According to ReadWriteWeb and TechCrunch the micro-blogging juggernaut is moving into an exclusive club by securing a new round of funding ($50 million) based on a valuation of $1 billion (yup, it’s a b). No doubt, this will begin to stir the supporters and detractors alike.

Newspaper Ad Revenue Drops By $2.6B In Q1 2009

Yup, that’s a B as in billion. Just when you think the newspaper industry can’t take another hit it gets hit with a haymaker. According to TechCrunch, the Newspaper Association of America reported a 28.28% year over year in Q1.

Twitter Would Say ‘No’ To $1 Billion

It looks like the biggest April Fool’s Joke was on all of us. Despite persistent rumors that Google was in talks to acquire Twitter (the coolest thing since the last coolest thing since sliced bread), no deal is forthcoming.