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Tag: "Bebo"

MySpace sells for $35 million USD

David Correll on June 30, 2011 | MySpace | Comments (0)

MySpace has been sold for $35 million USD to US company – Specific Media (www.specificmedia.com) According to the press release MySpace is attracting 70 million users to the site, and 20 million of via a mobile devices. News Corporation purchased MySpace in 2005 for $580 million USD, so this has been a total failure that […]

AOL finally sells Bebo

There have been reports that AOL have finally sold the social network – Bebo. AOL originally purchased Bebo in 2008 for US$850 million. Unfortunately AOL has been unable to make anything out of Bebo and the purchase has been considered a major business flop. Criterion Capital Partners seem to have now purchased Bebo for around […]

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