Facebook Raising Another $100 Million to Fund Increasing Server Costs
Facebook is growing like gangbusters both domestically and internationally, but it costs a lot of money to push billions of photos around the world every day.
In order to help fund its ever growing infrastructure, Facebook has been trying to secure an additional $100 million in debt financing recently, BusinessWeek reports. Facebook would likely use the proceeds to finance leases on more servers.
A Facebook spokesman says the effort is simply part of the normal course of business.
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