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Facebook paid $8.5 million for FB.com

Facebook paid $8.5 million for FB.com

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“In the 21st Century, Shakespeare might ask, “What’s in a domain name?” To the 6 million-member American Farm Bureau Federation, the answer is a lot of money. Facebook paid $8.5 million to acquire the Internet address ‘fb.com’ for internal use by its employees from the largest U.S. farm group.” – read more from Reuters