Yahoo Tries to Woo Facebook With $900 Million

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."

Comments

The Year 2000 Is Calling

[mpapet]

and they want their dot-com bubble back.

Is the "value" here equivalent to television? Something to flush time down the toilet?

Please enlighten me.