Social media &
Facebook Acquires Start-Up FriendFeed
Facebook Inc. said it has acquired FriendFeed, a start-up that allows users to share links and status updates online, folding in a potential rival that struggled to take off. Facebook paid nearly $50 million for the company, in a combination cash and stock offer, according to people familiar with the matter.
via Facebook Acquires Start-Up FriendFeed – WSJ.com.
Posted on: August 11, 2009
