Facebook bought their domain name facebook.com from AboutFace Corporation in 2005 for $200,000. The site had originally run on thefacebook.com.
Later in 2010, the social networking giant spent $8.5 million to buy FB.com from American Farm Bureau Federation. FB is how Facebook is referred to by web users!
In 1999, Time magazine named Jeff Bezos, the founder of Amazon.com, the Person of the Year. Founded in 1994, the company made profit for the first time in the last quarter of 2001. This means Bezos got the honour when his company was still making a loss! [more...]