AOL acquires Bebo for $850 million

From Todays News
AOL acquired Bebo, a social media network for $850 million cash. Bebo, the ninth popular social networking site in the world and ranked third in U.S, founded by Michael Birch of U.K in California. There were rumors that AOL was trying to buy Bebo, and was said that they were quoting one Billion dollar price. The deal was clinched as Bebo is growing leaps and bounds and U.S subscribers have increased considerably last year.
I found an interesting story on the AOL acquisition

Seattle subscribers of Comcast are happy to have Two new HD channels

From Satellite TV News
Comcast is expected to add two high-definition channels of Disney’s namely ABC Family and Disney Channel in high-definition in Seattle area.Comcast spokeswoman Jenni Moyer spoke to TVPredictions.com last week that Comcast would add two new HD channels in Seattle area.
I learnt the seattle subscribers happy in Seattle subscribers of Comcast are happy