AOL Purchases SocialThing!
It’s official: After only five months in private beta, lifestreaming service SocialThing! has been acquired by AOL.
Look out FriendFeed.
You can expect SocialThing! to be integrated with Bebo, AIM, and other community properties.
Despite recent blog cuts due to “budget,” it seems AOL’s pockets are deep enough to buy new products, just not pay the content folks to keep it fresh.
The price tag has not yet been revealed.
What makes SocialThing! special is its “smart algorithm” that can figure out who youâ€™re friends with, making the need to define a friend list unnecessary.