Slashdot is powered by your submissions, so send in your scoop


Forgot your password?
America Online

Submission + - AOL To Sell Or Shutdown Bebo (

krou writes: AOL claims that it can no longer give the "significant investment" Bebo needs to compete against the likes of Facebook. Jon Brod of AOL Ventures said that 'Bebo, unfortunately, is a business that has been declining and, as a result, would require significant investment in order to compete in the competitive social networking space. AOL is committed to working quickly to determine if there are any interested parties for Bebo.' Bebo currently has approximately 5.1 million users, a drop of .7 million since this time last year. AOL bought the site two years ago for $850m, and is expected to sell it for far less.
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

AOL To Sell Or Shutdown Bebo

Comments Filter:

No line available at 300 baud.