Facebook Plucks Drop.io CEO, Acquires File Sharing Service
Facebook Plucks Drop.io CEO, Acquires File Sharing Service
Posted 11/01/2010 at 9:16am
| by Paul Lilly
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The mega-billion entity known as Facebook has scooped up most of Drop.io's technology and assets, the file sharing firm announced in a blog post. Sam Lessin, the head of Drop.io and also a former Harvard student (just like Mark Zuckerberg), is making the move to Facebook as well.
"In the coming weeks, we'll be winding down the Drop.io service," the company said. "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 December 15. Paid user accounts will still be available through December 15 and paid users will be able to continue using the service normally. After December 15, paid accounts will be discontinued as well."
Drop.io is Facebook's eight acquisition this year and follows the social networking service's trend of snatching up companies primarily for the people involved.
"We have never once bought a company for the company. We buy companies for excellent people," Mark Zuckerberg said at this year's Startup School event at Stanford.
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TechLarry
November 02, 2010 at 10:51am
To shuffle around all that personal data they are collecting.
I can't help but think there will be a day, possibly not long off, where people ask themselves "What the hell was I thinking?"
Major Dilly
November 02, 2010 at 7:39am
Paul,
You may point out the fact that I exaggerated, but maybe you should update your Metadata tags. Just because you point out out direct articles that are specific to FaceBook does not mean you folks don't drop lines in other articles you write. 365 24/7 you have on your sidebar FaceBook this and that. I thought MaxPC was about getting the most out of our computers, not stuff that can be done on the simplest devices of our time. I guess if we claim we started with a Commodore gives us street cred.
I started with a IBM with dual floppy drives, does that mean I am a genius I don't think so. Get off the The social network and try to fix what is wrong with this country, addressing the syptoms not the root cause.
misha573
November 02, 2010 at 4:07am
MaxPC, for guys that claim to be No BS, you sure have a hankering for the BS that is social networking. Facebook, twitter...jeez louise...cut the crap!
Maximum PC please...very little else, thank you very much.
Major Dilly
November 01, 2010 at 10:14am
Another Maximum PC day and another 2-3 Facebook stories, just make them more popular and make them the voice of the socially inept and disconnected.
Paul_Lilly
November 01, 2010 at 11:51am
Exaggerate much? Our last five Facebook stories:
11/1: Facebook Plucks Drop.io CEO, Acquires File Sharing Serivice
10/29: Captain Obvious: People Lie no the Internet
10/29: BitDefender's Facebook Security App Now Available in Beta
10/20: Google Engineer Makes Facebook Disconnect Chrome Extension
10/19: Mark Zuckerberg Shares Thoughts on "The Social Network"I'd say that's pretty well spread out, especially considering we post well over a dozen items per weekday.
-Paul Lilly
mesiah
November 01, 2010 at 9:01pm
Paul, I know you mean well, but you really shouldn't feed the trolls :D Its like watching apes at the zoo. They are fun to look at while they are throwing a tantrum. Sometimes we feel sorry for them. But never try and climb in the cage with them.
tkid124
November 01, 2010 at 2:22pm
The second story talks about short falls of Facebook, as well as the 4th one being how to limit the site's power.
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