Several weeks ago, we reported that Australian social network Faces.com had rather unceremoniously shutdown. Today, we've learned that the assets of the company have been acquired by 3BILL, the UK-based mobile content company that now appears to be moving into the social realm; you may recall that the company also snapped up Profile Heaven in recent weeks.

As for the future of Faces.com, for now the site has been brought back online – sort of. A message on the homepage reads:

“Faces.com and Tunefeed.com have recently been purchased by 3bill the mobile division of Symbios Group, we are in the process of trying to resume all previous services offered on these sites and will communicate in more detail in the next few days. It is likely there will be some disruption to some services but rest assured we are working on it!”

According to 3BILL, the plan is to integrate these recent acquisitions into one community and re-launch later this year, presumably under the premium Faces.com name.

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Link - Comments - Adam Ostrow - Mon, 10 Mar 2008 07:50:24 GMT - Feed (3 subs)
User comment: By: JJT
Nice to see that someone thought it was worth resurecting. Hopefully they can get the numbers and make it profitable this time around.
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