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Facebook On The Block

conq writes "BusinessWeek reports that Facebook has turned down an offer for $750 million and is looking for 2 billion dollars. The article speculates that one possible suitor would be Viacom. From the article: 'A Facebook deal would help Viacom founder and Executive Chairman Sumner Redstone fend off a growing challenge from News Corp. The media conglomerate run by Rupert Murdoch has poured enormous resources into the Internet during the last year. It acquired social-networking pioneer MySpace.com last year for $580 million.'"

3 of 250 comments (clear)

  1. Re:Why? by nacturation · · Score: 5, Funny

    Well, for starters there's this neat thing called money...

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  2. How the negotiations went down by Tackhead · · Score: 5, Funny
    > BusinessWeek reports that Facebook has turned down an offer for $750 million and is looking for 2 billion dollars. BusinessWeek reports that Facebook has turned down an offer for $750 million and is looking for 2 billion dollars.

    Great. So the future of business looks like this:

    sumredrok: yo
    facebk: yo!
    sumredrok: asm?
    facebk: 2/lots/watugot?
    sumredrok: 750m?
    facebk: up urs n00b
    sumredrok: wtf?
    facebk: 2b
    foxyrupert: pwn3d!

    "Capital, capital, everywhere, and no VCs who think."

  3. Re:Why? by popeguilty · · Score: 5, Funny

    Run a website full of idiot college students or live in unimaginable luxury... decisions, decisions...