A reporter for Business 2.0 cautioned that traffic to the collegiate and high school networking site was declining. At the same time, a News Corp. executive said he'd be interested in buying FaceBook, but not for the $2 billion price tag Business Week put on the property earlier this week.
Om Malik cited data from ComScore Networks showing the number of unique visitors to Facebook fell by about 2 million, or 16%, from December last year to February this year. By comparison, News Corp.'s MySpace grew its user base almost 50%, to 37.3 million from 26.7 million. Malik said that if Facebook did receive a buyout offer of $750 million, as Business Week said it had, "The founders of the company would have been prudent" to take it since traffic is dipping. Ross Levinsohn, president of Fox Interactive Media, told an investors conference in New York yesterday, "It's a great site and I know the guys there well. We're certainly not paying $2 billion for Facebook." Google Finance