05/23/2008 05:12 am ET Updated May 25, 2011

Facebook Ditches CollegeHumor Beer Pong Tournament

After challenging IAC's (IACI) CollegeHumor/Vimeo/BustedTees to a beer pong tournament, Facebook has backed out at the last minute. Why? "For 'now we're a big corporate company and not a fun small internet company that can have fun' reasons," Vimeo staffer Andrew Pile writes.

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