Bebo Turns Down $550m, MySpace Top

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Wired News Gets Bought (Again)

How is it that the day I make a '33 places to social network' list, two very related things happen. Apparently Bebo turned down a $550 million offer from a British Telecom company and say they wanted a billion, and MySpace was named the top (most-trafficked) site on the web by Hitwise, above Google. First off, I think Bebo should've grabbed that offer as tightly as they could, perhaps they don't realise how hard to get such offers are. Second, I'm a bit skeptical about how long MySpace will last on there. Although this does show that there are more teens/young adults using the Internet than 'others,' far more.


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