Facebook is gracing the headlines again. From The Associated Press (at BusinessWeek Online):
Facebook, an Internet-based social networking site, is in “serious” talks to sell itself to Yahoo Inc. for a pricetag that could approach $1 billion, The Wall Street Journal reported on Thursday.
Palo Alto, Calif.-based Facebook had separate discussions with suitors Microsoft Corp. and Viacom Inc. in the past year as well, the newspaper said.
During one series of talks with Microsoft, Facebook executives told their Microsoft peers they couldn’t do an 8 a.m. conference call because the company’s 22-year-old founder and chief executive, Harvard dropout Mark Zuckerberg, wouldn’t be awake, says a person familiar with the talks. Microsoft executives were incredulous.
Funny how quickly things change. From SiliconBeat (April 2006):
Facebook, the popular Palo Alto social networking site, has raised $25 million in venture capital from some Silicon Valley investors, putting to rest for now speculation that it was considering acquisition offers. … “It has never been our intention to sell the company,” said Melanie Deitch, Facebook’s director of marketing, adding that the latest funding puts the rumors of such a sale to rest.
These are the people that we trust with all our personal information.