Is AOL Selling Bebo?

Mike Butcher has the scoop on a possible fire sale of Bebo by AOL. AOL acquired Bebo only a year ago and its reported that the AOL execs aren't too happy with the performance of this social networking site. According to Butcher's article, the problem lies mostly with advertisers. As Bebo competes with Facebook and MySpace, advertisers are looking to explore more eyeballs through revenue on the more popular sites. Of course this info is speculation but Butcher has enough solid sources for us to keep a watch out on AOL. Read the article here and let us know what you think.