Weird Google/MySpace rumor puzzles web

There's $1.5 billion with someone's name on it. While the buyer remains a mystery -- no surprise there -- the seller also appears to be unknown.

According to a TechCrunch report, the $1.5 billion rumor could involve Bebo, the British social network, as the seller. As for buyers, the list appears to include MySpace, which has seen rival Facebook make strong inroads across the pond, and Google, which hasn't had much traction with its Orkut social network.

Bebo CEO Michael Birch told TechCrunch he had no comment on the rumors.  

But over at BoomTown, Kara Swisher is blasting the rumor as "100 percent wrong."

According to Swisher, Bebo is looking for financing, not a buyer. Google and MySpace's parent company, News Corp., have been identified as possible strategic investors, along with a long list of other entities.

Bebo has been working with Allen & Co. for the past few months on a new round of financing. 

 

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