Posted by d3bruts1d on February 8, 2008 at 8:53 pm

Rumor is that either Google or MySpace could be looking to buy social network Bebo. Word is the deal could be anywhere between $1 and $1.5 billion.

If MySpace were to buy Bebo, it could still be a win for Google as both MySpace and Bebo use Google’s OpenSocial platform. Bebo however also supports the competing Facebook platform. Chances are either way the Facebook support would get the axe.

Of course, if Google were to end up buying Bebo it could help strengthen Google’s Orkut and maybe help it to catch on more in the US. Of course, anywhere Google can stick it’s ads will be beneficial to the company.

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