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  1. AOL Confirms SocialThing Acquisition

    Still, AOL seems to be going after the social media world, having recently acquired social network Bebo for $850 million. Bebo has 40 million users, doubling AOL's media reach via the acquisition. The push towards social media is likely part of a...

  2. Geoff Ramsey of eMarketer spots three key market trends

    MySpace and Bebo; Building your own social network, e.g. And by the end of the year, eMarketer estimates that 154 million, or 80% of Internet users, will be watching online video. The first market trend that is worth highlighting is the percentage...

  3. AOL Buys Social Network Bebo for $850M

    Combining social network Bebo's estimated 40 million users with AIM and ICQ will boost AOL's social media reach to 80 million users worldwide. AOL will buy Facebook competitor Bebo for $850 million cash.