Social networking is the growing rage among youngsters to keep in touch with the new and old friends. Yahoo made a first move towards the social networking industry. Yahoo signed a deal with Bebo, the famous social networking website, to become the exclusive provider of advertisement on the UK and on the Ireland flavours of the page.
This move is an excellent deal especially for Bebo, the service which now receives the support of Yahoo after the Redmond company Microsoft also got involved into the competition.