NEW YORK, NY – This past week, the man who virtually created the Internet, Tim Berners-Lee, spoke about his “Contract for the Web” initiative; something he believes is fundamental to ensure a protected, free and open Internet for all of society. Early backers of the initiative, which can be viewed at ContractForTheWeb.org, include notable support from some of the webs largest innovators such as Google.com, Facebook.com, Craig Newmark (Founder of Craigslist.org), the W3C … [Read more...]
If You Didn’t Already Know, Facebook.com Was Sold for Just $200,000 in 2005
NEW YORK, NY – Way back in 2005, the huge social networking website known today as ‘Facebook’ began getting serious and received its first financial investment from PayPal co-founder Peter Thiel. Shortly thereafter, the dorm room social project which began as TheFacebook.com, recognized the need for a shorter and better domain name, dropping the word “The” and becoming simply Facebook.com – the cost was $200,000.00. When asked in 2009 by a TechCrunch interviewer, what he … [Read more...]
