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China Wants to Buy Facebook
Forbes ^ | Jul. 3 2011 | Gordon G. Chang

Posted on 07/04/2011 9:00:32 AM PDT by Daffynition

On Thursday, Business Insider reported that China is trying to buy “a huge chunk” of Facebook.

According to the business news website, Beijing approached a fund that buys stock from former Facebook employees to see if it could assemble a stake large enough “to matter.” Moreover, Citibank is rumored to be trying to acquire as much as $1.2 billion of stock for two sovereign wealth funds, one from the Middle East and the other Chinese. Business Insider reports a third source, from a “very influential” Silicon Valley investment bank, confirms that Citi is representing China.

Should Beijing be allowed to buy a part of Mark Zuckerberg’s site? Business Insider tells us there is “little need” for concern about Chinese censors looking at the photos and postings of the 700 million people who trust Facebook with their personal online activity.

(Excerpt) Read more at blogs.forbes.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS: china; facebook; socialistnetworking
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To: dfwgator

21 posted on 07/04/2011 10:07:59 AM PDT by Vendome ("Don't take life so seriously... You'll never live through it anyway")
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To: Daffynition

Dang! That very same thing happened to me. What are the odds?


22 posted on 07/04/2011 10:08:17 AM PDT by AFreeBird
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To: Daffynition

*Agh* They will find me now!

How did you know my RL name is “Fu Wee Dong Twee Tou?”

(LOL — you really had me going there for a sec...)


23 posted on 07/04/2011 10:22:27 AM PDT by freedumb2003 (Herman Cain 2012)
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To: Captain Peter Blood

MUI fb data are logged in fb forever, even after being “deleted.”

I can’t do anything about the small group of people posting to my “wall” but deleting those posts at least keeps it from the gp AND I have asked everyone to use email to communicate with me.

That may be undermining what fb is supposed to be, but at least I have up to date email addresses for them all...


24 posted on 07/04/2011 10:26:26 AM PDT by freedumb2003 (Herman Cain 2012)
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To: Daffynition
Robert Wu (born 1986). Law student at Monash University, Melbourne, Australia, who wrote a letter to the Chinese president demanding more human rights for Chinese citizens. Wu was named in the 2008 list of Beijing's Dissident Blacklist by the Central Committee of the Communist Party of China and is liable to 12 years imprisonment under Chinese law.

12 years for simply writing a letter to the Chinese president demanding more human rights for Chinese citizens? WAKE UP AMERICA! We are very close to the same thing with (dare I say, hell yes) THIS ADMINISTRATION!

25 posted on 07/04/2011 10:27:50 AM PDT by TribalPrincess2U (I pledge allegiance to the flag of the United States of America.. VOTE out the RATS!)
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To: Daffynition

The Chinese need to complete this deal before the end of the year if they’re going to get to influence the 2012 Presidential election.

I’m sure they’ll be pleased to administer Obama’s Facebook campaign this time around.


26 posted on 07/04/2011 10:48:36 AM PDT by seowulf ("If you write a whole line of zeroes, it's still---nothing"...Kira Alexandrovna Argounova)
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To: Daffynition

All the more reason not to get a FB account. Besides, who cares what I had for breakfast or that I’m scratching my nose right now or that the cat left doggie treats in the litter box?


27 posted on 07/04/2011 11:13:09 AM PDT by bgill
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To: AFreeBird

We, and more than a few others, need canoe paddling lessons and tippy tests. ;D


28 posted on 07/04/2011 12:12:47 PM PDT by Daffynition ("Don't just live your life, but witness it also.")
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To: Astronaut

Yep.


29 posted on 07/04/2011 12:15:10 PM PDT by a fool in paradise (Ask Barack Obama this election if he believes Jesus Christ rose from the dead and walked among men.)
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To: TribalPrincess2U

30 posted on 07/04/2011 12:15:18 PM PDT by Daffynition ("Don't just live your life, but witness it also.")
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To: Lakeshark
Heck, the current owners are to the left of the chi-coms, this could be an improvement.........

"Like"

31 posted on 07/04/2011 12:19:26 PM PDT by a fool in paradise (Ask Barack Obama this election if he believes Jesus Christ rose from the dead and walked among men.)
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To: freedumb2003
Before there was George Orwell, there was Sinclair Lewis: “When facism comes to America it will be wrapped in the flag and carrying a cross.”

It Can't Happen Here

32 posted on 07/04/2011 12:24:48 PM PDT by Daffynition ("Don't just live your life, but witness it also.")
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To: Daffynition
法姆维尔 - Wait till they find out this is 50% of all traffic on the site.
33 posted on 07/04/2011 12:33:36 PM PDT by njmaugbill
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To: Daffynition
Business Insider tells us there is “little need” for concern about Chinese censors looking at the photos and postings of the 700 million people who trust Facebook with their personal online activity.

People have either become so stupid that a ridiculous lie like this actually works, or it's the most cynical and abusive possible neurolinguistic programming technique possible, that of endlessly speaking to people as if they are morons and absolutely refusing to ever stop in order to keep them down, down, down.

Probably both.

It used to be that people joined the lodge or secret club or insider organization to be able to find out what all the codes meant. Now they join just to be spoken to as adults.

And they're still not... LOL...

34 posted on 07/04/2011 1:09:35 PM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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To: Daffynition; a fool in paradise; JoeProBono

I say, serr it to oul mastels in Beijing!


35 posted on 07/04/2011 1:19:22 PM PDT by Revolting cat! (Let us prey!)
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To: bgill
Besides, who cares what I had for breakfast or that I’m scratching my nose right now or that the cat left doggie treats in the litter box?

Well, let's see. You're a cat owner with a sinus irritation who has to watch what he eats for breakfast. That indicates an allergy to cats that you are ignoring even though they cause you considerable discomfort. Cats are generally considered feminine to dogs being masculine, and you do not the triumph of your cat (feminine) equating dogs (masculine) to toilet waste. So you are willing to endure hardship to raise the feminine over the masculine, which you revile. However, you code these terms, so they must be further decoded to find their true meanings - and it turns out that the feminine has also long been equated with subversive activity, versus the masculine being equated with overt activity. So now we're getting somewhere - you scorn what can be done in the light, and prefer what can be done under the cover of darkness, even if it causes you considerable discomfort. And you are obviously proud of your subversive acccomplishments, and seek to brag about them by coding your exploits with terms like "cat" and "dog" and "breakfast" and "nose." Oh yes, you are a crafty one, with long successful experience in your trade, and exactly the reason Facebook exists - to rout you out.

Agents will be contacting you shortly, comrade. Your efforts against the Great Sacrifice and the Long March are about to come to an end!

36 posted on 07/04/2011 1:23:14 PM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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To: Daffynition

37 posted on 07/04/2011 1:24:17 PM PDT by Revolting cat! (Let us prey!)
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To: Daffynition

Call it Yoo-book.


38 posted on 07/04/2011 1:56:29 PM PDT by SteelToe
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To: Revolting cat!
U.S. Facebook Traffic Detoured Through China


39 posted on 07/04/2011 2:53:00 PM PDT by Daffynition ("Don't just live your life, but witness it also.")
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To: Dallas59

40 posted on 07/04/2011 2:58:28 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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