Our Blog RSS
AOL buys networking site Bebo for $850m
Posted by: Montage comms | 13.03.08
News just in!
AOL, the internet arm of Time Warner, has agreed to buy Bebo for $850m in cash as it gears up to entice advertisers to the popular social networking site.
This is despite wobbles in confidence of the popular Facebook, social networking site and its recent drop in popularity (drop 5%) to 8.5 million in January.
Is this good value for money? I think that it is a steal as New corp bought Myspace for $580M three years ago!
Related Articles
Latest Posts
Supported by
Comments | Leave a response
Trackbacks
Use the following link to trackback from your own site:
http://www.bristolmedia.co.uk/blog/trackback/265
Leave a comment