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2011/01/12

Domain Name News

Domain Name News

Farmers Bureau Sold Domains for $8.5 million, Including fb.com to FaceBook

Posted: 11 Jan 2011 03:04 PM PST

While Mark Zuckerberg, CEO of FaceBook had revealed on November 15th, 2010 that his company had purchased FB.com from the American Farm Bureau Federation, he did not reveal the purchase price. However the Bureau revealed today on their annual meeting that the organization earned $8.5 million USD by selling a couple of domain names. According to the report, they are is barred from identifying the buyer. The Federation now uses fb.org as its Internet address “but may own four dozen domain names related to farming“.

[via Reuters]

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