WebMediaBrands to acquire the The Social Times and AllFacebook.com

Congratulations to The Social Times and AllFacebook founder, Nick O'Neill for astute business acumen which sees him join WebMediaBrands as Director of The Social times after WebMediaBrands takeover of the two sites, which has been confirmed by O'Neil, without the disclosure of pricing details.

Whilst AllFacebook exclusively covers Facebook news The Social times converges on social media,with O'Neil as the only full-timer and content requirements contracted out.

WebMediaBrands has acquired these two sites in a state of flux- recently it sold off most of its properties and internet.com for USD 18 million-expecting to expand into social networking space.

O'Neil will probably be hiring 10 new writers in the coming days.

The Social Times boasts 500,000 unique visitors and one million page views in a month.