"AOL plans to fortify Bebo, the No. 3 online social network in the U.S. market, by integrating its industry-leading instant-messaging services AIM and ICQ, AOL President Randy Falco said in a conference call Thursday morning."
" AOL, which rose to prominence as an Internet portal, has embarked on a "Platform A" strategy to build an advertising network that offers an alternative to Google and Microsoft."
"Bebo's sole institutional backer, Benchmark Capital affiliate Balderton Capital, stands to reap $140 million, more than nine times its original investment, for its 15.7 percent stake. "
Bebo Head Brings Video Expertise to AOL
"With Time Warner’s expertise and power, Bebo has a chance to take the social-network-as-the-new-TV-network phenomenon to new heights.?