Facebook.com may soon be sold to Yahoo for about $1 billion, according to an article published last week in The Wall Street Journal.
The companies are in serious discussions over the sale of the site, founded by former Harvard student Mark Zuckerberg in 2004, the Journal reported.
Facebook entered talks with both Microsoft Corp. and Viacom Inc. earlier this year.
With over 9 million users, Facebook is among the most-visited sites in the United States.
And this number may soon skyrocket - the site is about to open itself to anyone with a valid e-mail address. It is currently available to high-school and college students only.
The Daily Pennsylvanian is an independent, student-run newspaper. Please consider making a donation to support the coverage that shapes the University. Your generosity ensures a future of strong journalism at Penn.
DonatePlease note All comments are eligible for publication in The Daily Pennsylvanian.