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Facebook Buys Sharing Service FriendFeed | paidContent - The Diigo Meta page

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This link has been bookmarked by 1 people . It was first bookmarked on 10 Aug 2009, by Tac Anderson.

  • 10 Aug 09
    tacanderson
    Tac Anderson

    Facebook has purchased social sharing service FriendFeed. Financial terms of the deal were not released, although FriendFeed had raised just over $5 million in venture funding.

    Facebook has hinted in the past that it was interested in making an acquisition. In raising $200 million from Russian investor Digital Sky Technologies in late May, CEO Mark Zuckerberg said the new cash opened the possibility of “strategic options.” And Facebook also reportedly made a bid for Twitter last fall.

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