AOL is going after MySpace territory. The Time Warner company is said to be readying an instant messenger-inspired social network it says will "kick ass." For the last month, there have been
murmurings in chat rooms and around the blogosphere about the project, codenamed (unoriginally) "AIMSpace." Back in March, the new AOL Instant Messenger social network was expected to be ready by
mid-April, but as we approach the end of the April we're still waiting for an official announcement from the company. While the rumors are decidedly short on details, AOL executives have been piping
about the new social network. Yesterday, one company exec confirmed the existence of the new MySpace killer, claiming the new service would "be open for non-members and it will be kick-ass!" MySpace
has some serious usage (like 70 million plus), so the task of unseating the company at the top of the social network pile is, to say the very least, a daunting one. However, AOL execs argue that AIM
is already "the largest social network in the world."
Read the whole story at Business 2.0 »
