" Social-networking Web site Facebook.com is in serious talks to sell itself to Internet media company Yahoo Inc. (YHOO) for an amount that could approach $1 billion, The Wall Street Journal reported on Thursday.
Facebook, which has been at the center of takeover rumors for months, also held separate discussions with Microsoft Corp. (MSFT), the world's largest software maker, and media conglomerate Viacom (VIA) over the past year, the Journal reported, citing people familiar with the matter.
In March, BusinessWeek reported that the company had turned down a $750 million offer and hoped to fetch as much as $2 billion in a sale. It has been separately reported that Viacom held talks to buy Facebook.
Tuesday, 26 October 2010
From 2006, how times change: "Report: Yahoo, Facebook Talk $1 Billion Sale - Mergers and Acquisitions | Merger - FOXNews.com"
News from 2006:
Report: Yahoo, Facebook Talk $1 Billion Sale - Mergers and Acquisitions | Merger - FOXNews.com
And now there is a movie about it. Things move fast close to the singularity.