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Facebook borrows $100 million

Posted by Steven Musil on May 11th, 2008 at 04:55pm

Social-networking site Facebook has borrowed $100 million to help keep up with its explosive growth, according to an article in Business Week.

Menlo Park, Calif.-based venture loan firm TriplePoint is helping the site finance the expansion of its server farms, and other infrastructure expenses, according to the report. Facebook ...


The iPhone is an Internet-enabled multimedia mobile phone designed and marketed by Apple Inc. It has a multi-touch screen with virtual keyboard and buttons. The iPhone's functions include those of a camera phone and a portable media player ("iPod"), in addition to text messaging and visual voicemail. It also offers Internet services including e-mail, web browsing, and local Wi-Fi connectivity. It is a quad-band mobile phone that uses the GSM standard, and hence has international capability. It supports the EDGE data technology.


iPod is a brand of portable media players designed and marketed by Apple and launched on October 23, 2001. The line-up currently consists of the hard drive-based iPod classic, the touchscreen iPod touch, the video-capable iPod nano, and the screenless iPod shuffle. Former products include the compact iPod mini (replaced by the iPod nano) and the spin-off iPod photo (re-integrated into the main iPod classic line). iPod classic models store media on an internal hard drive, while all other models use flash memory to enable their smaller size (the discontinued mini used a Microdrive miniature hard drive). As with many other digital music players, iPods, excluding the iPod Touch, can also serve as external data storage devices.


The MacBook is a Macintosh notebook computer by Apple Inc. that replaced the iBook G4 series and the 12" PowerBook G4. It is a part of the MacBook family. The original MacBook was released on May 16, 2006 and utilised the Intel Core Duo processor and 945GM chipset, with Intel's GMA950 integrated graphics on a 667 MHz front-side bus. Later revisions of the MacBook moved to the Core 2 Duo processor. The latest update to the MacBook line occurred on February 26, 2008. It uses the Intel GM965 chipset, with Intel's X3100 integrated graphics on an 800 MHz system bus.

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