Aol Close To Selling Bebo

AOL Close to Selling Bebo

AOL is near a deal to sell the Bebo social-networking site to Criterion Capital Partners for a fraction of the price it paid two years ago to buy it.

Senh: That's the problem with social networking sites. If you're just relying on online ads, it's really tough because click-through rates are really low for social networking sites. Users on social sites just don't click on ads, as compared to content sites.

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