Facebook Valued at Just Under $100 Billion

In a private market auction yesterday, Facebook was valued at $94 billion, which is squarely in the ballpark of the $100 billion valuation that financial pundits have been tossing around. Don't read much more into it than that; there's plenty of time for the valuation to change slightly before the actual IPO (sometime in May), and either way, it's not going to affect you in the slightest. [Bloomberg BusinessWeek]