There are certain things that just come out of the blues and Facebook’s acquisition of FriendFeed is one such example. The social networking site has acquired the sharing service for a reported $50 Million which includes $15 Million in all out cash and the remaining as share in Facebook stock. That’s quite a health sum, given that FriendFeed had only raised $5 Million in venture funding. Now is this supposed to workout? I am not sure but we earlier reported Facebook stepping ahead in search, perhaps the realtime-ness in search came in because it had acquired FriendFeed, just an assumption though. FriendFeed will continue to work independently for the time being while the team tailors plans for a long term relationship.
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[...] when, boom, I was struck with the news about Facebook’s acquisition of FriendFeed for a hefty US$ 50 million. That amount in cash appears pretty low, given the potential FriendFeed has in the web sphere. But [...]
[...] Facebook acquired FriendFeed and we all knew all that came with it. The brains and the technology plus the possibility on leveraging a very useful service online. Today Facebook announced something I wasn’t expecting it to for quite some time to come; Open sourcing a part of it. The Social Network released Tornado, a real time framework for Python. The framework will be able to handle traffic simultaneously with its support for the many tough tasks associated to Web Development. These include localization, user authentication like Facebook Connect, etc. This would improve the quality of service at a high performance rate. I will be running through the details and you can download and read it here. [...]
[...] site promoted FriendFeed founder, Bret Taylor to the position of its CTO. We had reported the acquisition of FriendFeed by Facebook for $50 Million back in 2009. Bret has been the man who has tried to make it simpler to Facebook anyone, not sure [...]
[...] a purchase ad incorporate its features within the social network. I don’t need to go further; the $50 million acquisition of FriendFeed is one example and then the coming of Like, Share on status updates followed. Also came in talent, [...]