Crenk

A couple of weeks ago we reported that Faces.com (Australian based social network) headed to the dead pool.  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. 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.

It is rumoured that Faces.com will be shortly closing their doors. The Australian social network seems to be currently offline. Faces previously raised $2 million in funding, so im sure we will see all of their assets up for sale very shortly.