Friendster said to have a new owner soon


Social network Friendster is getting a makeover this week to revitalize interest in its service just as it prepared to change ownership. According to reports Friendster, which claims to have over 110 million members - over half hailing from Asia, will be sold in a deal worth over $100 million to an Asian company. Some six years ago Friendster was in Google's sight but it turned down the offer made.In advance to the expected acquisition, Friendster is also trying its luck with a new monetization scheme that focuses on micro-transactions. Anything to look its best for the new sugar daddy.


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