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You are currently browsing the QBS PC Help Blog weblog archives for the day 14/03/2008.
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Archive for 14/03/2008
AOL snaps up Bebo
14/03/2008 by swordfish.
Time Warner’s AOL internet division will buy social network Bebo for $850m (£418m) in cash, bolstering its consumer web offerings even as the media conglomerate mulls splitting off the business.
Privately-owned Bebo claims about 40 million global members, and the deal promises to significantly expand AOL’s growing business of selling advertising on the internet outside of the US.
The site is one of the top social networks in Britain and the market leader in Ireland and New Zealand, but it is yet to create the same buzz in the US.
Source: ZDNet
Posted in Social Networks, Technology News | Print | No Comments »
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