Facebook Hits Europe

Reuters Via NYT:

Three German Internet entrepreneurs, the Samwer brothers, have taken a stake in the social networking site Facebook, Alexander Samwer said. Mr. Samwer, who declined to reveal the size of the stake, said the brothers would now become Facebook's strategic partners in Europe. "We are going to support the expansion of Facebook in Europe," he said. Alexander, alongside brothers Oliver and Marc, made their name in 1999 when they sold the German Internet auction site Alando.de to eBay for $50 million in stock.

Read the whole story: Reuters Via NYT