By Shannon Bond

Facebook raised $ 500 million from Goldman Sachs and Digital Sky Technologies, an investment firm in Russia agree that the community values of social networking for $ 50 billion, according to The New York Times.

The investment values Facebook at more than Time Warner, Yahoo and Ebay, and following a rise in the value of social media is implicit in the secondary market since June last year.

Goldman invested $ 450 million and DST contributed $ 50 million, according to people close to the deal, the newspaper reported. Under the agreement, Goldman can sell up to $ 75 million from its participation in the Russian group.

Facebook has adopted Google as the most visited site in the United States in 2010, according to a recent report by Experian Hitwise, the Internet research firm.

DST has bought a stake of 2 percent in Facebook for $ 200 million in 2009 and is expected to have increased its stake to about 10 percent by buying shares of Facebook employees.