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Tag: "sells"

MySpace sells for $35 million USD

on June 30, 2011 | MySpace | Comments (0)
MySpace sells for $35 million USD

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 […]

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Yahoo sells Delicious to YouTube Founders

on April 28, 2011 | Delicious Yahoo | Comments (0)
Yahoo sells Delicious to YouTube Founders

Yahoo has now sold their social bookmarking service, Delicious, to YouTube founders Chad Hurley and Steve Chen. There has been a fair amount of speculation that Yahoo was looking to sell off Delicious as they continually withdrew resources from the Delicious project. Regardless the site continues to get high traffic (Alexa rank: 239) and it […]

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AOL finally sells Bebo

on June 18, 2010 | Bebo Business | Comments (0)
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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