Facebook paid ₹38 crore to acquire 'fb.com' address

Facebook had paid $8.5 million (nearly ₹38 crore) to acquire the internet address 'fb.com'. The domain, which was acquired from the American Farm Bureau Federation, was bought for internal use by the company's employees. Notably, the social networking site, which was originally named 'The Facebook', was launched on February 4, 2004.