- Bebo may have just shutdown Bebo may have closed it service to the public indefinitely in the last few hours. The once ubiquitous social network has been in decline ever since its original founder Michael Birch sold the company to AOL in 2008 for $850 million.
- Huffington Post to launch UK edition this July 6th Arianna Huffington, editor of the Huffington Post Media Group, has confirmed that her popular news and content aggregation website, The Huffington Post, will launch in the UK this coming July 6th. This launch is part of the group’s ambitious plans to be present in 12 countries by the end of this year.
- Google remains dominant leader over US search market Google remains the dominant search market share leader with 65.4% of all explicit searches in the US in February 2011, according to comScore qSearch analysis. Yahoo! came in second with 16.1% market share, Bing at 13.6%, Ask at 3.2%, and AOL at 1.7%. Explicit searches are those that reflect specific user intent to interact with the search results.
- AOL to acquire The Huffington Post for $315 million American news website and content aggregator The Huffington Post will be acquired by AOL for $315 million US dollars, in a deal expected to close in the coming months. Huffington Post co-founder Arianna Huffington will become president and editor-in-chief of a new Huffington Post Media Group, which will include The Huffington Post and other AOL content properties, including recently acquired TechCrunch, gadget blog Endadget, and micro-local news service Patch.