For the past few years, Friendster lost it’s appeal to it’s user… maybe because with the emergence of MySpace and the latest one is Facebook — who is now the undisputed no. 1 Social Networking around the world. Or maybe because there some error and glitches in the site, like for example in this scenario.. I have my own Friendster profile that was created back since 2003, and until still using it for website promotion purposes.. but the error scenario is this — when you hit the button “who viewed me” some user profiles who viewed you or me, are unknown or erroneous profiles………. And i think there are some errors that yet to be discover by me..

And for this article.. It’s really happening Friendster will be sold to Asian Firm(were its registered 100 million users are from) by the end of December for at least $100 million… most likely Tencent Holdings (0700.HK), China’s largest Internet firm by market value at $35 billion, was among the short-listed bidders, while Facebook also showed interest but was turned down due to competition and intellectual property issues, the source said.

- More than half of Friendster’s 100 mln users from Asia
- Industry blog values Friendster at $210 million (Adds background, details)

Friendster chief executive Richard Kimber told Reuters that Morgan Stanley had been hired to handle the deal.

“We have a shortlist at this point that we are negotiating with,” Kimber said.

Is this development, is the sign of Friendster will be slowly drifting away, and soon have a farewell goodbye in the social networking arena.? Let’s wait and see…….

Source: Reuters

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