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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old May 19, 2008, 07:37 PM   #1
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AOL wraps up $850 M buy of Bebo social network

AOL today closed its $850 million buyout of European-based social networking site Bebo, leaving Yahoo as the only player among the "big four" search engines not to own a social network.

"When you combine Bebo's worldwide users with those who use AIM and ICQ, we reach around 80 million," said AOL CEO Randy Falco, during a conference call held when AOL initially announced the deal in March.
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