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September 22, 2006, 11:33 AM ET
Is Facebook Worth $900-Million?
The New York Times today fleshes out a recent Wall Street Journal report that said Yahoo was making a play for Facebook, the popular online social network (The Chronicle, September 21).
According to the Times, Yahoo has come in with a bid of $900-million—$150-million more than Viacom offered for the company months ago—and it has pledged to let Facebook keep a fair amount of its autonomy. Still, Facebook’s owner, Mark Zuckerberg, remains undecided. —Brock Read
Categories: Student-Life, Company-Watch
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