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Tribe, the San Francisco-based social networking company, is likely to be acquired by NBC, reports Valleywag. NBC have sent a letter of intent to Tribe Networks Inc, and they'll soon begin due diligence. This comes after NBC's purchase of iVillage - a social site for women - for $600M. Also relevant is NBC's recent deal with YouTube, showing that the company is beginning to understand the value of social media.
Tribe.net was founded by Marc Pincus, Paul Martino, Valerie Syme and Chris Law in 2003. At the moment, the rumor is unconfirmed.
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