TechFast: Android Newsstand, Facebook at $50 Billion, Vizio Tablets and Phones

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Good morning and happy first Monday of 2011. Here are some of today’s top tech stories to get you started.

Goldman Invests in Facebook at $50 Billion Valuation

Source: New York Times

The New York Times reports that Facebook recently "raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction."

VIZIO Unveils New Smartphone and Tablet Featuring VIA Plus for Even More Entertainment Freedom

Source: PR Newswire

You may be familiar with Vizio TVs, but the company’s getting into the Android phone and tablet markets as well. It’ll be showing off a 4-inch smartphone and 8-inch tablet at the Consumer Electronics Show this week, as part of its "VIA Plus Ecosystem" of internet connected TVs and Blu-ray players. Both devices feature integrated infrared remote control functionality and software for Vizio’s upcoming line of Google TVs.

Google Digital Newsstand Aims to Muscle In on Apple

Source: Wall Street Journal

Google is rumored to be working on a digital newsstand for its Android mobile platform that would sell magazines and newspapers from major publications. In order to entice publishers, Google would apparently take a smaller percentage than the 30% that Apple charges for iTunes sales.

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