Meebo Overhaul

Meebo is planning a major overhaul to turn the popular Internet service into a full-fledged business. In the past few months, co-founder and CEO Seth Sternberg has added $25 million to the investment, bringing the total to over $37 million. Users patronize Meebo to sign into multiple instant messaging services at the same time, but until now, the company has not seen a profit. Thirty million users visit the site each month. The new Meebo will feature advertisements and content-generated chat rooms in addition to its current services, which allow users to message from popular clients such as AOL Instant Messenger and Yahoo Messenger without ever downloading any software.