Facebook Pays Farm Bureau $8.5M for 'FB' Domain Name

'FB.com' pays off handsomely for the group
By John Johnson,  Newser Staff
Posted Jan 11, 2011 3:56 PM CST
Facebook Pays Farm Bureau $8.5M for Domain Name
A farmer at work in Illinois.   (AP Photo/Seth Perlman, File)

Lucky for the American Farm Bureau Federation that it shares two very important initials with another organization: Facebook paid the non-governmental group $8.5 million to acquire the domain name "FB.com," reports Reuters. Mark Zuckerberg's employees use the address internally, and when you're valued at $50 billion, the price is mere chump change. Those who need their farming fix can find it at FB.org.
(More Facebook stories.)

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