Goldman Sachs puts USD450m into Facebook.

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

3 January 2011 - Wall Street bank Goldman Sachs (NYSE NYSE

See: New York Stock Exchange :GS) has put USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 450m (EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 338m) into Facebook, sources close to the deal told the New York Times.

The social networking website has also swallowed a fresh investment of USD50m from Moscow-based Internet business investor Digital Sky Technologies in addition to some USD500m the group allocated earlier.

The investment bank is gearing toward the establishment of a special entity to give its wealthy clients the opportunity to invest in the website, the newspaper wrote.

Goldman can also sell maximum USD75m of its holding in Facebook to Digital Sky, according to the paper.

None of the three parties involved in the deal were available to comment.