Social networking site picks up domain name in arbitration. A World Intellectual Property Forum panelist has awarded the domain name to the giant social networking site. In what may be one of the longest WIPO UDRP decisions I’ve ever read, the panelist ruled against Amjad Abbas. Facebook claimed that Abbas had placed the domain name on a page with other domains that were for sale for a minimum of $2,000

Read more here:
Facebook Wins Domain Name in Arbitration