#11
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1. Facebook Friending is free, but a Russian firm got a whole lotta Facebook love when it invested $200 million in the social networking site this year. Even bad news—phishing attacks, being blocked by the Chinese government, and a less-than-flattering depiction of its founder—did not slow Facebook's growth (now valued at $10 billion, with 300 million users). The website's busy year included partnering with Microsoft and Nintendo and acquiring startup FriendFeed, but its biggest accomplishment was turning a profit for the first time in its six-year existence. While some question Facebook's future, small-business marketers love it. So does Hollywood. Coming soon to a theater near you: "Facebook: The Movie." |