We picked up Dan Lyons's rumor as Fake Steve Jobs that Facebook has cajoled hedge funds into investing another $500 million, and noted that CFO Gideon Yu must never sleep. And Forbes, where Lyons has a day job, also called the deal complete. Not so, people familiar with the matter told the Wall Street Journal. The new investment will only be as much as another $260 million, making the total raised in this round, including Microsoft's money, $500 million. An announcement could come soon, but nothing's been signed yet. We know some VCs wanted in on this deal but hear it got too rich for them. (Photo by spcbrass)

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