In the News - Bebo
AOL buys Bebo for $850 million
Bebo, the social networking website has been sold to AOL for an estimated $850 million (£425 million). Bebo was launched in 2005 and has over 40 million users worldwide. In 2005 MySpace was bought by News Corporation for £290 million and last year Microsoft paid £123 million for a 1.6% stake in Facebook.
(Sources: Times Online Telegraph.co.uk Indpendent.co.uk Guardian.co.uk)
Rate these businesses/organisations:
- bebo.com (-.--)
- AOL (-4.68
) - myspace.com (0.75
) - facebook.com (1.39)
- News Corporation (-.--)
- Microsoft Ltd (2.87)
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14-Mar-2008 09:42:20
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