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Mon, Jan 3, 2011 -- 3:57 PM

Big Impact Expected From Facebook Deal


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The Goldman Sachs investment in Facebook is expected to reverberate throughout Silicon Valley. It all depends on what Facebook decides to do with $500 million.

Host: Peter Jon Shuler

Observers say Facebook is likely to hire more people, and expand its office space. The company is reportedly close to a deal with Oracle to buy the former Sun Microsystems campus in Menlo Park. Also, the race for the lead in the U.S. smart phone market is tighter than ever, according to new figures released today by the Nielsen Company.

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