Facebook Buys Most of Drop.io

Here is an information published on the blog of drop.io:

We’re proud to announce that we’ve struck a deal with Facebook. What this means is that Facebook has bought most of drop.io’s technology and assets, and Sam Lessin is moving to Facebook.

In the coming weeks, we’ll be winding down the drop.io service. 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 Dec. 15. Paid user accounts will still be available through Dec. 15 and paid users will be able to continue using the service normally. After Dec. 15, paid accounts will be discontinued as well.

Please download your information before Dec. 15 – we plan to delete it after that time. No user data or content will be transferred to Facebook, and we’ll send out emails to everyone to remind them about the service closing.

Other drop.io services like Presslift, our Yahoo! Mail Application, and our APIs will stay online for a longer period before the company winds down. We’ll announce more details on that soon. However, starting immediately, we’ll no longer be selling new premium accounts for those services.

To our loyal users and fans, we cannot thank you enough for your patronage, support, and feedback (good and bad) over the years.

Warmest regards, The drop.io Team

FAQ:

What’s happening to drop.io?
The drop.io service will be closing on Dec. 15. Until then, people will be able to use existing drops they’ve created, but won’t be able to create new drops. After Dec. 15, drop.io will be closing and all user data and content will be deleted, so please download files you have stored on the service before then.
How do I download my data?
Simply go to your drop.io drop, click on the file and select ‘download.’ Please download your data as soon as you can, but definitely before Dec. 15.
What happens to my paid account?
Paid accounts will function normally until Dec. 15. Paid drop.io accounts will also be closed after Dec. 15, so please download your information before then.
Will I be billed between now and Dec. 15 for my paid account?
We will stop billing paid-account users on Nov. 15. The service will close on Dec. 15, so everyone will get a full month’s use of the service, no matter the date of their billing cycle.
What happens to information on drop.io after Dec. 15 ?
Any remaining data on drop.io will be deleted. No data will be transferred to Facebook.