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October 31, 2006
Yahoo To Purchase Facebook?
Facebook is a popular site for college students. It's similar to myspace, but caters exclusively to college students. I personally appreciate the site because it allows you to keep in touch with friends from around the globe fairly easily. The site was created by, and is managed by Mark Zuckerberg.
Recently (through facebook) I was invited to join the facebook group "Don't Sell Facebook to Yahoo! (Official Petition)." The group was started because the owner of Facebook is in talks with Yahoo! to sell the site for $1 billion.
Most members of the group, and the entire site in general feel that "...Facebook is about more than just making money off ads. And if Yahoo! gets their hands on FB, then there's nothing stopping them from turning this into another MySpace."
For further information, check out these articles:
http://news.bbc.co.uk/1/hi/business/5367120.stm
http://today.reuters.co.uk/news/articlenews.aspx?type=technologyNews&storyID=2006-09-21T082359Z_01_N21275291_RTRIDST_0_TECH-FACEBOOK-YAHOO-DC.XML&archived=False
http://tinyurl.com/jgdpe
http://money.cnn.com/2006/09/21/technology/yahoo_facebook2.reut/index.htm?postversion=2006092111
Posted by meb40 at October 31, 2006 06:48 PM
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