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April 3, 2006
Facebook for Sale for a Cool $2 Billion
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With the recent rise and huge popularity of sites such as MySpace, one of the large players in the game has decided to put itself up for sale. Facebook, the college equivalent of MySpace, is up for sale at the price of $2 billion according to BusinessWeek. Considering the vastly greater traffic of competitor MySpace, which sold for $580 million to Rupert Murdoch's News Corp last year, the asking price for Facebook seems a little high. More |
Posted by geekblue at April 3, 2006 5:48 PM