Facebook Paid $8.5 Million For Fb.com, Farm Bureau Domain Name: REPORT

REPORT: Facebook Forked Over Millions For Fb.com

In the 21st Century, Shakespeare might ask, "What's in a domain name?" To the 6 million-member American Farm Bureau Federation, the answer is a lot of money.

Facebook paid $8.5 million to acquire the Internet address 'fb.com' for internal use by its employees from the largest U.S. farm group.

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