Erick Schonfeld / TechCrunch:

Rumor: Is Google About to Buy Bebo For $1 Billion To $1.5 Billion?  Or Will it Be MySpace?  —  An unconfirmed rumor has surfaced that either Google or MySpace is about to announce a big $1 billion to $1.5 billion acquisition in the social space.  After checking around with multiple industry sources …