Facebook Is Planning to Invest on China's Xiaomi

Facebook CEO Mark Zuckerberg considered making an investment in Xiaomi ahead of the Chinese smartphone maker's $1 billion funding round last month, according to Reuters.

WhatsApp Hits 700 Million Active Users

Mobile cross-platform messaging service Whatsapp boasted 600 million users in August.  A mere four months later, it has hit the 700 million user mark. Acquired by Facebook for $22 billion in October 2014, Whatsapp now has the highest usership of any app in its messaging category, including Facebook’s Messenger.

The France international is confident that Madrid can win more silverware in the years to come after signing a contract extension at the Santiago Bernabeu side

Raphael Varane promptly set his sights on winning the Champions League again after penning a contract extension with Real Madrid.

IS BAYERN GREATER THAN THE THE CATALIAN GIANT?

Barcelona legend Johan Cruyff feels the Catalans will always be a bigger team than Bayern Munich.

Bayern and Barcelona have been two of the dominant forces of European football in recent years, with Bayern reaching three Champions League finals in the past five seasons, yet Cruyff believes the Camp Nou side will always be the bigger draw.

Snapchat worth $10 billion?

Snapchat, the wildly popular messaging app favored by young folks, has quietly raised new funds that bring its valuation to nearly $10 billion, according to a report in the Wall Street Journal. Citing "people with knowledge of the matter," the WSJ says venture capital firm Kleiner Perkins Caulfield and Byers and other investors have put in new funds that bring Snapchat to nearly $10 billion.

Facebook Worth 128 Times It's Profit?

After so many years of economic gloom, it’s nice to have some good news. On Thursday, such tidings came in the form of a surge in the valuation of Facebook, which climbed to more than $192bn in the wake of good first-quarter earnings. This means that, as of Friday morning, the social network is now worth more, at least on paper, than Toyota ($189bn), AT&T ($184bn), Coca-Cola ($180bn), Disney ($150bn) and even Bank of America ($164bn).

Facebook bigger than AT&T, Coca-Cola in market value

In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Now the company's $190 billion market value makes it bigger than such bellwethers as Coca-Cola and AT&T. It's not a member of the Dow industrials, but if it were, it would be larger than two-thirds of that index's 30 members.