R.I.P. Bolt.com

News from new media land: Pioneer social networking site Bolt.com has kicked the bucket. News.com’s The Social blog reports the site was in acquisition talks with GoFish; the talks fell through, ultimately dooming the company. Bolt, which in a later incarnation served as a video sharing site, was facing a $10 million debt due to a Universal Music copyright infringement case.

Bolt, which started in the late 1990s, was one of the first Internet’s first social networking sites for teens.

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