Facebook worth up to $100bn

FACEBOOK is on track to top £2bn in earnings this year, according to leaked figures that suggest a $100bn (£60bn) value for the firm.

A report in The Wall Street Journal states Facebook’s growth is well above the expectations that circulated when Goldman Sachs and Digital Sky Technologies invested in the closely held internet company.

While that investment was at a share price that implied a $50bn valuation for Facebook, the new figures suggest a value of up to $100bn.