Is Facebook becoming the new Bebo?

Once it was pretty clear. Bebo was for the teens. Facebook was for the 20 or 30 somethings and LinkedIn was for the professional types. But now seems Facebook has inherited many of the teen-related problems that dogged Bebo in its heyday.

The news of the demise of Bebo this week shocked many. AOL acquired Bebo for US$850m only two years ago but revealed that it would require a "significant investment" to stop the once-unstoppable social networking behemoth from folding. Read More

Courtesy: Silicon Republic