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Yahoo Tries to Woo Facebook With $900 Million 108

Krishna Dagli writes writes to mention a New York Times article on Yahoo!'s attempt to buy Facebook. Their current standing offer is $900 Million, with the deal including a degree of autonomy for the site and founder Mark Zuckerberg still in charge. From the article: "When Viacom offered $750 million for Facebook in January, he asked for $2 billion and was rebuffed, according to a person involved in the negotiations. Now, he remains undecided about the latest offer, made in the last few weeks by Yahoo. That offer, first reported by The Wall Street Journal, was confirmed yesterday by two industry executives, one briefed on the deal by Facebook and the other by Yahoo. Both spoke on the condition of anonymity because the negotiations are continuing."
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Yahoo Tries to Woo Facebook With $900 Million

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  • by Anonymous Coward on Friday September 22, 2006 @05:09PM (#16163467)
    Seems to me like you got what you deserved, Bobby.

    Sorry, I mean Robert Persinger.

    Seems to me like you're basically a frat boy troll and FaceBook put you in your place.

    There's no anonymity on the internet. Between knowing "spazntwich@yahoo.com" and "Robert" I tracked down your name & status at the school.

    3rd year English major with Sophmore standing.
    Way To Go Bert.
  • Re:Hmmm... (Score:3, Informative)

    by larry bagina ( 561269 ) on Friday September 22, 2006 @05:12PM (#16163476) Journal

    The open registration uses the facebook infrastructure, but is in a completely different, walled off partition than the existing college user space facebook.

    Orkut has a closed registration system and nobody gives a shit about them. There are obviously other factors involved.

  • Re:Not bad... (Score:2, Informative)

    by ThinkComp ( 514335 ) on Friday September 22, 2006 @05:49PM (#16163664)
    Well, one of those [former] friends of his has just launched this:

    http://www.commonroom.com/ [commonroom.com]

    Take a look at the timeline under "I'm New."
  • by kenneth_martens ( 320269 ) on Friday September 22, 2006 @05:52PM (#16163676)
    The whole reason us college students liked facebook in the first place was that was made by and for us, the college students.

    Climb down off your high horse. I've been a college student, and I'm also currently working on a Master's degree. Students don't sign up for Facebook because it's a snobby exclusive club just for them. They sign up because 1) it works, 2) it isn't ugly like Myspace, and 3) it offers reasonable privacy protection. Nobody really cares who made it or who runs it.

    Whether or not it's owned by Yahoo doesn't change anything. If Yahoo buys it and screws with the privacy settings (e.g., if they let everyone view your profile) then there will be a user revolt. But users won't revolt en masse just because Facebook is bought out by a *gasp* commercial company. As long as Facebook keeps working, ownership just isn't that big of a deal.

Honesty is for the most part less profitable than dishonesty. -- Plato