Wednesday 7 April 2010

BBC News - AOL plans to sell or shut down Bebo

BBC News - AOL plans to sell or shut down Bebo: "Internet company AOL has announced plans to sell or shut down the social networking site Bebo.

The company said it was unable to provide the 'significant investment' Bebo needed to compete with its social networking rivals.

The news comes just two years after AOL bought the site for $850m (£417m at the time). "

No comments:

Post a Comment