BigChampagne's Ultimate Chart (a/o February 10th):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Set Fire to the Rain,” Adele
3. “Turn Me On,” David Guetta
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Smooth Criminal (Glee Cast Version),” Glee Cast
7. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
8. “Domino ,” Jessie J
9. “Sexy and I Know It,” LMFAO
10. “Ass Back Home ,” Gym Class Heroes
AOL is frequently accused of being one-step behind the two-way internet. But catching up sometimes means reaching out, and spending serious acquisition dollars.
On Thursday, the internet megalith announced its purchase of quick-rising social networking destination Bebo. The purchase price, a lofty $850 million, reflects the nosebleed valuations currently surrounding powerful networking sites. Bebo grabbed 22.4 million users in January, according to comScore Media Metrix, a distant third behind MySpace and Facebook. The company is best known in the United Kingdom, though it also carries a strong footprint in Ireland and New Zealand.
The purchase mirrors the 2005 acquisition of MySpace by News Corp., a $580 million deal - or steal by current standards. And just recently, Microsoft invested in Facebook, shuttling the company valuation towards $15 billion. Meanwhile, all three rivals are pushing into the important music arena, something dear to the hearts of nearly every user.
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