AOL Looking To Sell Bebo And ICQ

In the days following AOL’s relaunch as a separate company, CEO Tim Armstrong is already looking to jettison some of its properties that take away from its new focus as a digital content producer. That means getting rid of properties and assets that don’t contribute to the AOL brand and that don’t focus heavily on AOL’s goals for the future.

As the Wall Street Journal reports, AOL is in talks to sell ICQ, the once prominent — but now archaic — instant messaging service. The Wall Street Journal also says that Bebo , the social network AOL acquired in 2008 for a jaw-dropping $850 million, may be on the block.