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Facebook Buys fb.com, Shells Out $8.5 Million
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  • Facebook Buys fb.com, Shells Out $8.5 Million

Facebook Buys fb.com, Shells Out $8.5 Million

Padmini Harchandrai • January 12, 2011, 14:15:01 IST
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It’s for employee email.

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Facebook Buys fb.com, Shells Out $8.5 Million

Facebook bought the domain fb.com last year and it’s just been revealed that they shelled out a lovely $8.5 million for it. It’s supposedly being used for company email.

![](http://tech.firstpost.com/wp-content/uploads/images/2011/jan/img_288912_facebook-messages-new_640x360.jpg)

Pushing gears costs money

Facebook announced earlier this year that it’s revamping its ‘Messages’ function. Even though Mark Zuckerberg’s maintained that it’s not email, but it assigns you a facebook.com address and organizes all of your communication into one inbox (or customizably into more). However, Facebook employees already have @facebook.com email addresses. Reportedly, the fb.com domain is to reassign employee email addresses so Messages can roll out. Facebook bought it from the American Farm Bureau Federation for $8.5 million. This is the second high profile domain buy they’ve done. The first was the purchase of facebook.com for $20,000 in 2005, when they were changing from thefacebook.com to just facebook.com.

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Written by Padmini Harchandrai
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Paddy does not, we repeat, definitely does NOT belong in the category of Mac-head (yeh right!). She does get excited by her iPhone and her iMac and her iPod Nano and her Macbook and Bali's iPad and her future iHouse (patent pending). Ok, so maybe her head is a little bit forbidden fruit shaped. She likes shooting video (iPhone 4 camera zindabad!) and editing montages (Final Cut Pro zindabad!), whether the scene calls for it or no. In her spare time, she's either kicking it on stage with KB the keyboard or kicking butt at Taekwondo. see more

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