Faves.com has been Closed, Other Social Media Website has been Closed

Faves.com has been Closed

www.faves.com one of the famous social media website has been closed on 24th May 2011, You may already know about faves It was a social media website and it has been closed now. Today I open faves.com and I saw it is redirecting to http://blog.faves.com/

I read faves blog and found faves.com will no longer available and faves.com want to sale their website and looking for any company who can a acquire their website i.e. faves.com

I think revenue is the main reason for shutting down the website I found in a resource where they said they were only getting 50 cents for 1000 impressions and that was not their actual business.

SEO person was using widely faves.com to Bookmark their website

You can read full details at here http://blog.faves.com/