Facebook Billion-Dollar Buyout Talks Delayed By 22-Year-Old Founder's Sleep Needs

College-driven social networking juggernaut Facebook.com is in “serious talks” with Yahoo about a possible sale to the Web portal for an amount that could approach $1 billion, according to the Wall Street Journal.

Still, a college dropout’s gotta get his sleep:

During one series of talks with Microsoft, Facebook executives told their Microsoft peers they couldn’t do an 8 a.m. conference call because the company’s 22-year-old founder and chief executive, Harvard dropout Mark Zuckerberg [above], wouldn’t be awake, says a person familiar with the talks.

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