Facebook Paid Farm Bureau $8.5 Million For Fb.com

According to Reuters, Facebook paid American Farm Bureau Federation a staggering $8.5 million to acquire FB.com last year. This amount is 42.5 times more than the amount company paid for Facebook.com witch was the last high-profile domain purchase. Fb.com was bought for sole purpose of Facebook’s new messaging platform which CEO Mark Zuckerberg announced back in november last year.

At first FB.com was intended to use only for internal employees for testing purpose, but for now on typing FB.com will redirect you to Facebook.com

The last high-profile domain purchase by Facebook was for Facebook.com, all the way back when it was known as TheFacebook. The company paid $200,000 in August 2005 to acquire the domain.

Farm Bureau, which uses fb.org as its primary domain revealed that the organization earned $8.5 million on the sale of  “a couple of domain names”. This also suggests that the transaction included more then one web address besides FB.com.

While the Facebook.com purchase was expensive for the company back then, it’s an investment that has clearly paid off. The company is obviously hoping that fb.com will also pay off.

Facebook's new messaging system mashes up SMS, e-mail, IM

Facebook today launched a new messaging system over the next few months that "isn't just e-mail," but integrates four common ways users communicate: email, Facebook messages and chat, SMS, and archives it all in a single thread.

 The company today is introducing a three-pronged system that strives to not necessarily change the way we communicate but to make it more efficient, more personal and definitely simpler. And, of course, Facebook wants to make it seamless across the platforms and devices we’re already using.

The new system puts a user's identity above the communication protocol. Facebook Engineer Joel Seligstein today said, "You decide how you want to talk to your friends...They will receive your message through whatever medium or device is convenient for them, and you can both have a conversation in real time. You shouldn't have to remember who prefers IM over email or worry about which technology to use. Simply choose their name and type a message."

The company said the rollout to users will be a slow one - over the next couple of months - and initially will be spread via invitations. The idea is to let people get used to it and offer some feedback to Facebook about it.

It currently handles the four different methods of communication, but as it rolls out, it will also become a sharing and collaboration platform. Microsoft announced today that it is integrating the Office Web Apps experience into Facebook's new messaging system. Users will be able to share Word, Excel, and Powerpoint documents in Facebook messages, and download them to your desktop.

But the idea that some users, including the younger users who already prefer SMS and Facebook over traditional email systems, will shift the winds for future generations is something that makes me hopeful that the clunky e-mail systems of today will someday be history.

Facebook is holding a mysterious event Monday in San Francisco

After a Summer spent in “Lockdown”, Facebook apparently got quite a bit of work done. They’ve already had a number of events just in the past few weeks. And now they’re having another one.
An email invitation sent to journalists and bloggers that says "Please join us for an event by invitation only." But blogs have been driven by speculation, a great being that Facebook will announce an e-mail service, its response to Google's Gmail.

This is partly because the invitation is reminiscent of the old school, red, white and blue envelopes "Airmail."
If true, it could cause problems for Google Inc. and other providers of email services. Facebook and Google and compete through the eyes of surfers and advertising revenue derived.

The event comes a day before Facebook CEO Mark Zuckerberg speaks at Web 2.0 Summit in San Francisco.

The Facebook movie :The Social Network (2010)

 The Social Network is an American film by David Fincher, released on 1 October 2010, in North America. The film returns to the creation of social networking Website which name is Facebook. It is the adaptation of the novel The Accidental Billionaires: The Founding of Facebook, A Tale of Sex, Money, Genius, and Betrayal by Ben Mezrich, published in 2009. The book was translated by Max Milo's Editions in January 2010 under the title The Return of a loner - The true story of the founder of Facebook.

Details

Release Date: October 13, 2010

Directed by: David Fincher

With Jesse Eisenberg, Justin Timberlake, Andrew Garfield, more

Language: English

Genre: Drama

Time: 02h00min

Production Year: 2010

Distributor: Sony Pictures

Official Thriller: Youtube

Storyline

A drunken night in October 2003, Mark Zuckerberg, a student who has just been dumped by his girlfriend, hack the computer system of Harvard University to create a website, a database of all the girls on campus. It displays two photographs side by side and asks the user to vote for the most beautiful. He named the site Facemash. The success is instant: information is spread at the speed of lightning and the site becomes viral, destroying the entire system of Harvard and generating controversy on campus because of its misogyny. Mark is accused of intentionally breached security, reproductive rights and respect for privacy. Yet at this time born what became Facebook. Soon after, Mark creates thefacebook.com, which spread like wildfire from one screen to another first at Harvard, then opens with major universities in the United States, the Ivy League in Silicon Valley, before winning the world...

This revolutionary invention creates conflicts enthusiasts. What were the true facts, which can really claim ownership of the global social network? What has emerged as one of the key ideas of the twenty-first century is going to blow up the friendship of its pioneers and trigger clashes with colossal stakes...

Finally, if you want to have more information about this amazing movie you can visit  Imdb.