Word: facebookers
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Although neither Facebook nor Yahoo has confirmed the report, Yahoo’s stock rose 0.5 percent to $25.76 when the news appeared in yesterday morning’s Journal. Rumors that Facebook was in talks with Yahoo, Viacom, and Microsoft have been floating around for months...
...Facebook has in the past held acquisition discussions with Microsoft and Viacom, as well as Yahoo, according to the Journal. The corporations have been attracted to the site because it provides them access to a young demographic. In fact, the site tied with beer as the second most “in” thing among college students in a recent poll conducted by Student Monitor, a New Jersey-based research firm...
Representatives from Facebook could not be reached for comment yesterday...
...while one corporation may buy Facebook, another has been using the social networking site to build brand loyalty as a new crop of freshmen enter the College...
Chase Manhattan Bank offered students free rides around campus in ten pedicabs bearing “Chase +1” logos urging them to join the bank’s Facebook group, according to Chase +1 Marketing Manager Paolo Spidaliere...