AOL is looking to social network Bebo, which it acquired in March, as a means to reposition AOL as a top performer in the Web content and social-networking spaces. The Bebo strategy hopes to leverage the estimated 124 million users of AOL's instant messenger client and of Bebo itself, and is focused around the "Social Inbox," which aggregates access to content from around the Web, including e-mail from Yahoo! and Google as well as feeds from Twitter and video from YouTube.

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