AOL Pays $850 Million to Acquire Social Networking Site Bebo.com and wants to leverage its advertising sales business across Bebo’s Network……. More …

Guardian Media Group Buys PaidContent.org Blog for $30 Million…….More …

Recent Deal Flow Snapshot in Social Media Space Showing about $3 Billion Invested….More …

Social Media Powerhouse Facebook Valued at $4-5 Billion …..More….

Social Media Site MySpace.com Bought by News Corp for $530 Million but could be worth $2-5 Billion based on current market valuations for……More…….

Photo Sharing Site Flickr.com Purchased by Yahoo for an Estimated $40 Million Could be Worth $1-3 Billion based on Traffic and Revenue…..More…….

LinkedIn Social Media/Business Network Commands $1 Billion Dollar Valuation…….More…….

BankRate Acquires Standalone Bankaholic Blog Site for $15 Million after being in operation for two years …..More…….

HotorNot Rating Standalone Site Sold for $20 Million to Avid Life Media……More…….