Social networking giant Facebook may be looking to conquer another market, Wall Street. After news spread of a $500 million investment — $450 million from Goldman Sachs and $50 million from Russia’s Sky Technologies — Facebook was given a valuation of $50 billion by market analysts and firms. The eleven figure price tag was placed upon the privately held company even as the government’s Securities and Exchange Commission has, purportedly, launched a formal inquiry into Facebook’...

Regardless of how large, powerful and influential a company is, no one is recession-proof. Internet search giant Google has been laying off employees since this summer, and it has been doing so under the news radar for the most part. The SEC requires companies to disclose information regarding layoffs but apparently Google had slipped around the rule and reported its Q3 earnings as expected by saying it had cut down on “operational expenses”. Though Google officially has 20,123 employees, there ar...