Sunday, October 31, 2010

Facebook Acquires Drop.io, Nabs Sam Lessin

Social sharing site Drop.io has just posted the breaking news of its acquisition by Facebook on its company blog:
"Today, we?re proud to announce that we?ve struck a deal with Facebook.��What this means is that Facebook has bought most of�drop.io?s technology and assets, and Sam Lessin is moving to Facebook. In the coming weeks, we?ll be winding down the�drop.io service. As of this week, people will no longer be able to create new free drops, but you?ll be able to download content from existing drops until Dec. 15. Paid user accounts will still be available through Dec. 15 and paid users will be able to continue using the service normally.��After Dec. 15, paid accounts will be discontinued as well."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/gItWsoK1xlk/

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