AOL to Buy Bebo for $850 Million
AOL has made its social networking move, acquiring Bebo and getting access to its membership of 40 million worldwide.
In a statement Thursday, AOL said Bebo is a “perfect complement to AOL’s personal communications network and puts us in a leading position in social media.â€
Indeed, Bebo does make AOL a player in social networking (see Techmeme). […]
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