The 3 Biggest Stories in Tech & Business This Morning

The 3 Biggest Stories in Tech & Business This Morning

Welcome to this morning’s edition of “First To Know,” a series in which we keep you in the know on what’s happening in the digital world. We’re keeping our eyes on three particular stories of interest today.

Facebook Raises $500 Million in Funding

Facebook () has received a massive new round of funding: $450 million from Goldman Sachs and $50 million from Russian investment firm Digital Sky Technologies, sources have told The New York Times, raising its valuation to $50 billion.

10 Million Galaxy S Smartphones Sold in 7 Months

Samsung has announced that it has sold more than 10 million of its flagship Android () smartphone, the Galaxy S, in just less than seven months.

Toshiba & Vizio to Launch Android Tablets

Toshiba and Vizio will both unveil Android-based tablets this week at CES, according to sources. Toshiba plans to announce a 10.1-inch Android tablet with a dual-core Tegra 2 chip, a capacitive 1280×800 resolution display, a 5-megapixel back camera and a 2-megapixel front camera. Vizio will reveal an 8-inch tablet with three speakers, as well as an Android-based smartphone.

Image courtesy of iStockphoto (), DNY59