AOL Buy Bebo for $850M
AOL has decided that it needs a social network so it’s gone and thrown a load of cash at Bebo. Sounds like a good move as Bebo is huge in the UK and has a great young demographic.
Companies just need to work out how to best monetize all these networks. Facebook are still chasing the illusive revenue..
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AOL to Pay $850M for Social Network Bebo
