http://techfreep.com/yahoo-negotiates-with-facebook-over-1-billion-deal.htm Daily Tech News and Free Press Thu, 09 Sep 2010 21:13:24 +0000 http://wordpress.org/?v=2.0.5 http://techfreep.com/yahoo-negotiates-with-facebook-over-1-billion-deal.htm#comment-370 Tue, 26 Sep 2006 16:08:56 +0000 http://techfreep.com/yahoo-negotiates-with-facebook-over-1-billion-deal.htm#comment-370 [...] Ever moving forward, Facebook began talks with Yahoo over a $1 billion purchase. Yahoo, looking for its own social networking site after the disaster of its Yahoo 360 campaign, turned to Facebook. Still involved in talks over a purchase agreement, if Facebook were to be taken over by Yahoo it would inherit the same global network as its new owner. The point? Regardless of whether Facebook itself chose to be all-inclusive, it would have happened eventually. While the couple years of Facebook in its infancy were special, a multi-million dollar endeavor like Facebook simply could’t withstand the restraints of such a small user base for so long. At some point the number of those on the outside looking in significantly overwhelmed those on the inside, and gatekeeper Zuckerberg couldn’t keep them out if he wanted to.         Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages. [...] […] Ever moving forward, Facebook began talks with Yahoo over a $1 billion purchase. Yahoo, looking for its own social networking site after the disaster of its Yahoo 360 campaign, turned to Facebook. Still involved in talks over a purchase agreement, if Facebook were to be taken over by Yahoo it would inherit the same global network as its new owner. The point? Regardless of whether Facebook itself chose to be all-inclusive, it would have happened eventually. While the couple years of Facebook in its infancy were special, a multi-million dollar endeavor like Facebook simply could’t withstand the restraints of such a small user base for so long. At some point the number of those on the outside looking in significantly overwhelmed those on the inside, and gatekeeper Zuckerberg couldn’t keep them out if he wanted to.         Share and Enjoy:These icons link to social bookmarking sites where readers can share and discover new web pages. […]

]]> http://techfreep.com/yahoo-negotiates-with-facebook-over-1-billion-deal.htm#comment-300 Thu, 21 Sep 2006 18:40:36 +0000 http://techfreep.com/yahoo-negotiates-with-facebook-over-1-billion-deal.htm#comment-300 [...] Yahoo Facebook? Yahoo Negotiates with Facebook Over $1 Billion Deal: Social networking powerhouse facebook is allegedly involved in talks with Yahoo over selling out for a cool one billion dollars. According to the Wall Street Journal, Facebook approached Yahoo about the merger just days after Yahoo’s stock plummeted 13% due to worries that popular search engine had lost substantial profits in ad sales. Facebook had also approached Microsoft and Viacom earlier in the year regarding similar matters, but no agreements were reached in the talks. As social networking sites become increasingly popular, so do the premiums on the companies. Facebook competitor MySpace sold out to News Corp. for $580 Million US earlier in year, and a $1 billion exchange for Facebook would mark the highest cost ever paid for such a site. 22-year-old Facebook founder, CEO and Harvard drop-out Mark Zuckerberg has brought an interesting dynamic to the talks. From a passage in the Wall Street Journal: At one point in the Yahoo negotiations, the talks extended into the weekend, says a person familiar with the matter. Mr. Zuckerberg, this account continues, said he couldn’t take part because his girlfriend was in town. Others pointed out they were closing in on a billion-dollar deal. Mr. Zuckerberg said it didn’t matter: his cellphone would be off, this person says. [...] […] Yahoo Facebook? Yahoo Negotiates with Facebook Over $1 Billion Deal: Social networking powerhouse facebook is allegedly involved in talks with Yahoo over selling out for a cool one billion dollars. According to the Wall Street Journal, Facebook approached Yahoo about the merger just days after Yahoo’s stock plummeted 13% due to worries that popular search engine had lost substantial profits in ad sales. Facebook had also approached Microsoft and Viacom earlier in the year regarding similar matters, but no agreements were reached in the talks. As social networking sites become increasingly popular, so do the premiums on the companies. Facebook competitor MySpace sold out to News Corp. for $580 Million US earlier in year, and a $1 billion exchange for Facebook would mark the highest cost ever paid for such a site. 22-year-old Facebook founder, CEO and Harvard drop-out Mark Zuckerberg has brought an interesting dynamic to the talks. From a passage in the Wall Street Journal: At one point in the Yahoo negotiations, the talks extended into the weekend, says a person familiar with the matter. Mr. Zuckerberg, this account continues, said he couldn’t take part because his girlfriend was in town. Others pointed out they were closing in on a billion-dollar deal. Mr. Zuckerberg said it didn’t matter: his cellphone would be off, this person says. […]

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