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AOL buys Bebo



The third biggest “social networking” site, Bebo, has been gulped down.

Bebo_logo_0

Following News Corp’s acquisition of MySpace, Microsoft’s investment in Facebook and CBS’s purchase of last.fm, AOL, part of media giant Time Warner, has reportedly paid US$850m for Bebo, which claims a global membership of about 40 million users.

So whichever social networking site you prefer, rest assured that a giant American conglomerate now supports your messaging, photos and events calendar.



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