Filed under: Business, Web services, Facebook

According to the drop.io blog, Facebook has purchased "most of drop.io's technology and assets," and hired drop.io's Sam Lessin. This seems like a pretty strong signal that Facebook wants to get into the file sharing and storage game in a bigger way, allowing users to casually and privately share media the way drop.io does now. Facebook is strong in the photo sharing department -- in fact, it's the #1 photo sharing site in the world -- but sharing audio, video and docs on FB still leaves a lot to be desired. Facebook's preexisting social graph, combined with drop.io's cloud-based sharing technology, could easily become one of the leading services for sharing files with friends.
Facebook buys drop.io file sharing service, shuts it down originally appeared on Download Squad on Fri, 29 Oct 2010 19:05:00 EST. Please see our terms for use of feeds.
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