The recent market frenzy about Facebook is fuelling fears of another dotcom crash, writes Adrian Weckler
Economists are warning of a new economic bubble around social media companies, following last week’s $50 billion (€38.5 billion) valuation of Facebook.
Last week the online giant, which has more than one million Irish users and 600million global users, received a $450 million (€347 million) cash injection from Goldman Sachs and its private clients.
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