Facebook Bought 'fb.com' For $8.5 Million

Facebook has reportedly paid a whopping $8.5 million to the 6 million-member American Farm Bureau Federation to acquire the 'fb.com' domain name.

According to Reuters, the company bought the domain name for internal use by its employees.

Facebook CEO Mark Zuckerberg had revealed at a press event back in November that the company had acquired the domain name from the AFBF, but had not revealed the price.

“The Farm Bureau agreed to sell us fb.com and we in return have agreed not to sell farm subsidies,” Zuckerberg told TechCrunch.com.

At an annual meeting in Atlanta, US, AFBF officials revealed that the organisation had made $8.5 million by selling some of its domain names, but refused to name the buyers. The association still owns a collection of key domain names related to farming.

Since the acquisition, all people visiting 'fb.com' are being redirected to 'fb.org', a domain name owned the Farm Bureau.

Comments

FaceBook Chat Emoticons

FaceBook Chat Emoticons Emoticons Shortcut Key Description :42: 42 Red Number FaceBook Chat Emoticon NEW!! O:) O:-) Angel FaceBook Chat Emoticon o.O O.o Confused FaceBook Chat Emoticon

MONEY?

The US twenty-dollar bill Money is any object that is generally accepted as

Internet Phone Service Calling Saves You A Lot Of Money

Broadband providers can now offer internet phone service through VOIP technology. VOIP technology offered by broadband providers have made it possible to save money for your business or home calling needs. The competition in the communication field has been greatly increased with the advent of voip technology offered by the broadband providers. More competition in the voip internet connection has resulted in a lowering of rates and an increase in standard features which has benefited the end user. A little research into finding the best broadband provider to fit

Blora 01

Search This Blog