It doesn’t cost much to book domain names, but it would surely fetch a lot of returns if a giant organisation is interested in the same domain. After all, studies show that 80%* of businesses in the e-commerce space are identified through their domain names. Facebook paid $8.5 million to acquire the Internet address ‘fb.com’ for internal use by its employees from the largest US farm group. Facebook founder Mark Zuckerberg announced the purchase on November 15,2010 when Facebook unveiled its new messaging service. But he didn’t reveal the pricetag. “The Farm Bureau... Read more »
