Undergraduates Celebrate Second Consecutive Virtual Housing Day
Dean of Students Office Discusses Housing Day, Anti-Racism Goals
Renowned Cardiologist and Nobel Peace Prize Winner Bernard Lown Dies at 99
Native American Nonprofit Accuses Harvard of Violating Federal Graves Protection and Repatriation Act
U.S. Reps Assess Biden’s Progress on Immigration at HKS Event
Facebook.com is for sale, and its young owners have rejected a $750 million offer with hopes of landing a $2 billion deal, according to a BusinessWeek story posted online Tuesday.
Chris R. Hughes '06, a spokesman for the social networking website, wrote in an e-mail to The Crimson only that the “story is based off of rumors and we don't comment on rumors."
Online social network behemoth MySpace.com was sold for $580 million to News Corp. last year, and Facebook.com is a comparatively smaller operation than MySpace. The venture launched by Harvard undergrads ranks 29th on a list of the most popular English-language sites compiled by Alexa.com, while MySpace ranks fifth. But Facebook.com’s highly coveted access to college students and recent alumni might draw larger offers.
Want to keep up with breaking news? Subscribe to our email newsletter.