According to a variety of sources, AOL plans to sell or close Bebo, the social network that it acquired two years ago for $850 million.
Image via CrunchBase
He added, "AOL is not in a position at this time to further fund and support Bebo in pursuing a turnaround in social networking."
Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!