AOL has sold its social networking site Bebo to US-based merchant banking and financial advisory firm, Criterion Capital Partners. The deal was reportedly closed for less than $10 million. AOL had acquired Bebo by paying $850 million in March 2008. with tough market competition from frindster & Facebook, which over run Bebo made AOL to accept the loss of allmost 85%.
Xiaomi really is digging its heels to live up to a commitment. One of the first adopters of the...
It already buried the SMSes in the ground. Now, traditional cellular calling is next on the hit list. The number of WhatsApp...
Unlike Amazon which allegedly implemented unethical strategies to tackles India’s FDI policy for e-commerce marketplaces, Flipkart plans to do it right!
Barking dogs seldom bite! After agreeing to reverse the news ban for Australian users, now Facebook is finally...