The real value of Facebook's stock appears to have become a contentious issue - while a $240 million investment by Microsoft for a 1.6 percent stake in the company in 2007, puts Facebook's value at $15 billion, the company claims its own evaluation to be $3.7 billion.

In June last year, Facebook's self appraisal pegged the price of its privately held stock at $8.88 per share; while the Microsoft investment put the related figures at $35.90 per share.

The incongruity with regard to Facebook's actual worth has come to light because of the revelations pertaining to the Palo Alto-based company's $65 million lawsuit settlement with ConnectU.

Search giant Google has decided to educate common people about power of Internet in India’s Tamil Nadu (TN) state.

To fulfill its purpose, Google on Tuesday flagged off a ‘Google Bus Project’, which will educate the power of Internet to the common people in 15 tier II and tier III towns in Tamil Nadu over a period of a month and a half.

It is an Internet connected bus, which will demonstrate content as well as usage of the internet to create awareness among the common people.

London, Feb 4: Social networking website MySpace has revealed that it has identified and removed 90,000 sex offenders from its site.

The effort to make social networking websites safer had been taken up by North Carolina Attorney General Roy Cooper and Connecticut Attorney General Richard Blumenthal.

And as per Cooper, the new figure, submitted by MySpace executives on February 3 to Blumenthal''s office, in response to a subpoena, showed that the number of sex offenders removed was 40,000 more than last year.

Latest data put forward by Net Applications on Monday, suggests that
last month saw market share of Internet Explorer fall down as Mozilla's
Firefox, Google's Chrome, and Apple's Safari experienced small gains.

The data also said that the top spot was held by Microsoft's IE, with
“67.55 percent of the browser market, though that was down .06 percent
from last month and down 7.92 percent from the same time last year.”

The number two spot was held by Firefox with 21.53 percent market share

Online gaming and mobile games company, Indiagames on Monday launched its latest mobile game, 'Dev D', joining bollywood films Ghajini and Chandni Chowk to China which have been converted into video games.

Dev D was launched by Indiagames' CEO Vishal Gondal in the presence of the two leading actresses, Mahi and Kalki, of the Abhay Deol's film.

Vishal Gondal, CEO, Indiagames, said, "Movie companies have started looking at mobile gaming very seriously as an opportunity. This year has been great for us as we have started with 'Ghajani', followed by 'Chandni Chowk to China', and now we are doing 'Dev D'."