Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Facebook paid ₹57 crore to acquire 'fb.com'
short by Sanira Mediratta / on Saturday, 4 February, 2017
Facebook paid over ₹57 crore ($8.5 million) 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.
read more at Reuters