Unsubstantiated rumor says that Microsoft is considering a large investment in Facebook that would put the value of the Web 2.0 social networking darling north of $10 billion. In the end a company is worth whatever someone will pay for it, but I’ll play the game of opining whether or not Facebook is “worth” that pile of clams:

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Today, TechCrunch reports on some secret meeting where Google has something “really really big” in the works to take Facebook on head to head. Sounds kinda sneaky and strange (and a little Dr. Evil) but this is Silicon Valley.

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Digg just added a reported 50 new features, largely describeable as social networking - Digg style.

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