TECH

Facebook Paid $8.5 Million For Fb.com, Farm Bureau Domain Name: REPORT

01/11/2011 05:59 pm ET | Updated May 25, 2011

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 on Reuters

Suggest a correction