AOL to Dump Bebo

In the fast moving world of Social Media, success stories can become casualties almost overnight.

AOL, itself not in the best of shape following its de merger from Time Warner back in December, is looking to rid itself of Bebo, the Social Networking site favoured by the youth of the UK.

Having been soundly thrashed by Facebook in its attempts to win favour worldwide, AOL are now looking to either sell or shut down the loss making site. Bought only 2 years ago for $850m, it is another faller in the battle for online dominance.

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