Instead of typing in
"facebook.com," you can just type "fb.com" and save
yourself a few seconds every day! This transaction is even more ridiculous
considering that back in 2005, the social network only had to pay $200,000 for
the rights to "facebook.com" (back then they were known as
TheFacebook!).
In case you were wondering, the previous
holder of the domain wasn't an incredibly shrewd domain squatter. It was
actually held for a long time by the American Farm Bureau Federation, who owned
fb.com to redirect to their actual website, fb.org.