Cable Forum - View Single Post

Stuart · 07-04-2010, 12:51

http://www.theregister.co.uk/2010/04..._to_shed_bebo/

Apparantly, AOL is no longer willing to fund Bebo. The network, which has always seemed to be just a shadow of myspace has failed to generate a significant number of users, and has actually been declining over the last few months..

AOL are looking at two options. Selling Bebo, or writing off the entire $850 million they spent on it, and closing it at the end of next month.

07-04-2010, 12:51	#1
Stuart - Join Date: Jun 2003 Location: Somewhere Services: Virgin for TV and Internet, BT for phone Posts: 26,546	Bye Bye Bebo? http://www.theregister.co.uk/2010/04..._to_shed_bebo/ Apparantly, AOL is no longer willing to fund Bebo. The network, which has always seemed to be just a shadow of myspace has failed to generate a significant number of users, and has actually been declining over the last few months.. AOL are looking at two options. Selling Bebo, or writing off the entire $850 million they spent on it, and closing it at the end of next month.