NEW YORK, NY – Way back in 2005, the huge social networking website known today as ‘Facebook’ began getting serious and received its first financial investment  from PayPal co-founder Peter Thiel. Shortly thereafter, the dorm room social project which began as TheFacebook.com, recognized the need for a shorter and better domain name, dropping the word “The” and becoming simply Facebook.com – the cost was $200,000.00. When asked in 2009 by a TechCrunch interviewer, what he … [Read more...]