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Facebook paid $8.5 million for fb.com

Posted on 15 January 2011 by PakBee - Total hits: 3,984

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Just a few tidbits of Facebook news to report here. Reuters is reporting that the social networking site paid a hefty $8.5 million to acquire the domain fb.com from the American Farm Bureau Federation. Last year, Facebook launched its revamped messaging service, offering its users facebook.com email address in the process. The alternate domain fb.com was purchased by the company for internal employee email addressing. The Farm Bureau now calls fb.org as its home.

In conjunction with this new messaging service, Facebook also announced a new profile layout designed to easily present and share more information with friends. For the past month, users have been able to voluntarily opt-in to the new design by visiting www.facebook.com/about/profile. Now, it seems as though the update will be pushed out to all users over the next several days, like it or not.



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