That Facebook Kid Is Going to Be Filthy Rich

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Autocratic forces are ascendant.

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Autocratic forces are ascendant in America. But truth-telling independent media is one remaining bulwark against the unrestrained exercise of power. At a time when billionaire owners of corporate media are making accommodations to political leaders, our nonprofit newsroom cannot be bought or broken. Please stand with us.

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Online community and major time-waster Facebook is reportedly considering selling five percent of the company to Microsoft for $300 million to $500 million. That puts the value of Facebook at $10 billion.

Just in case there was any doubt that I’m in the wrong business…