Facebook Could Be Valued at $10 Billion: Report

A Russian Internet group, Digital Sky Technologies, has offered to invest $200 million in Facebook in a deal that would value the social networking site at $10 billion, the Wall Street Journal reported Friday.

CNBC.com

"Facebook is a private company, so as a matter of policy, we don't typically share details about our financial plans or comment on rumor and speculation," the company said in a statement.

Russia's Digital Sky Technologies was not immediately available to comment on the report