Facebook Gets $60 Million From Hong Kong Billionaire

 By 
Stan Schroeder
 on 
Facebook Gets $60 Million From Hong Kong Billionaire

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Facebook did not get additional $500 million from hedge funds (yet), as announced by our favorite blogger without a clue, Fake Steve Jobs, and later Wall Street Journal; however, Hong Kong billionaire Li Ka-shing stepped in and invested $60 million in Facebook.

Li Ka-shing is the chairman of network operator Hutchison Whampoa Limited as well as Chinese portal Tom Online; paidContent speculates that Tom Online might be interested in a partnership with Facebook should the popular social network enter the Chinese market.

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