AOL, Yahoo Will Add Life Streams to Their Popular Web Services

The growing popularity of Twitter and Facebook’s news feed functionality has made everyone embrace life streaming — essentially a way for us to broadcast our daily digital lives via photos, videos, postings and status updates — as a way to consume information. In a matter of months, expect both Yahoo (s YHOO) and AOL (s TWX) to come up with their own news feed offerings, likely to be embedded in their more popular web services.[digg=]
While Yahoo’s working on a life-streaming product called Yahoo Updates, AOL’s new offering, which takes a cue from Facebook Connect, is being called “Site Social” internally. Read More about AOL, Yahoo Will Add Life Streams to Their Popular Web Services

Bebo is AOLed, Randy Falco Memo

AOL has finally gulped Bebo and formed what it calls People Networks. AOL bought Bebo earlier this year for a heart stopping $850 million. The group will be run by Joanna Sheilds, formerly of Bebo. David Liu was working on the AIM, ICQ, Goowy and Yedda teams is joining the People Network. I have met him on a few occasions – smart guy. You can find more details in Randy Falco, AOL CEO’s memo below the fold. Also, check out this Financial Times article that points to Yahoo possibly lose the ad deal. No surprise, but timing is clearly not good.

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