Social networking is big business

It seems the social networking space is now being fought over by mighty media. Murdoch’s bought MySpace, now Bebo is caughting favour from Viacom and others. MySpace went for $580 million with 3 times the subscribers. Wonder where the bidding will start. Serious numbers for sure. Bebo claims to be no 2 social networking space in the UK so we are watching in Blighty with more than a passing interest.

Let the bidding begin…

Brought into the world on Wednesday, August 9th, 2006 and filed under Uncategorized.