Life and Style Dear Barry: Open letters have become the way high-flying individuals - and firms - get their message across

It used to be just angry celebrities (and Moses) who wrote open letters. Now, even America's top businesses are taking the president to task, says Clare Dwyer Hogg

Facebook gets more friends as 2009 revenues 'hit $900m'

The ubiquitous social networking website Facebook achieved revenues of $900m (£608m) in 2009, it was reported yesterday.

AOL to sell social network site Bebo

AOL will sell its Bebo social network site to private investment firm Criterion Capital Partners for an undisclosed sum, as it tries to restructure its business and deal with declining revenue.

James Moore: Bebo's blow-up offers lessons that Facebook must pay heed to

Outlook So bye-bye Bebo. If ever you needed confirmation that AOL has the reverse of the Midas touch, it's this deal. The former social networking phenomena that fancied itself as a rival to Facebook when the men with the minus touch came a calling with $850m less than two years ago, has been offloaded for a couple of quid, a packet of chewing gum and some football trading cards.

Bought by AOL for $850m and sold for less than $10m, Bebo finds new owners

AOL has offloaded Bebo, the social networking site that once threatened the dominance of Facebook in the UK, for a tiny fraction of the $850m (£575m) it paid for the company two years ago.

Stephen Foley: Buried in a local paper: a glimpse of the future of journalism

US Outlook: There was a new byline on the business pages of the Daily Tribune in Michigan last Sunday. It was a little byline on a humdrum story ("Maytag recalling 1.7 million dishwashers"), buried deep inside a small local paper from the rust belt of the US. But it looked to me like a vision of the future of newspapers.

Screen Talk: Warner hopes for a better Time

Hollywood insiders and shareholders alike are whooping with delight now that the decade-long struggle to merge AOL and Time Warner has finally ended. Now it's just plain Time Warner and can concentrate on "creating content". That's corporate speak for movies and TV shows such as the Harry Potter franchise, HBO's The Wire, or Gossip Girl. After the applause died down at the company's last AGM, one shareholder wondered aloud why the company couldn't go the whole hog and change its name to Warner Bros. "At least we got 'AOL' out of there," Time Warner CEO Jeffrey Bewkes (above left) replied. The magnitude of that mistake clearly still weighs on the minds of shareholders, who watched the value of their shares plunge 90 per cent in the years after AOL used its over-valued stock to buy Time Warner, an event that led to a $99bn write-off.

Bebo hope in finding teenager's killer

Detectives investigating the murder of a teenager whose badly burned body was found in a field said today they hoped to set up a Bebo site to persuade young people to contact them with information.

Life for AOL after the worst deal in history

After a painful demerger from Time Warner, profit warnings and asset sales, Stephen Foley asks if AOL has a future

Bebo's friends desert it

AOL may soon close the site it bought for $850m just two years ago

David Prosser: Bebo didn't learn lessons of history

Outlook Suddenly, the £145m that ITV lost on Friends Reunited – bought for £170m in 2005 and sold last month for £25m – does not look quite so embarrassing. AOL paid $850m (£560m) for Bebo in 2008. Now it wants out of the social networking business, it's difficult to see it getting even a tenth of that – or even who might want to buy it.

Bebo to be sold or shut down in 2011

AOL plans to find a buyer for its social networking site Bebo, for which it paid $850 million (£558 million) in 2008, or shut it down.

Questions Of Cash: 'I didn't pay enough interest to account small-print'

Q. A year and a half ago I responded to a promotional interest rate offer from Alliance & Leicester, investing £75,000 in its online saver account. After six months I received my first interest payment, which was only on £25,000. It emerged the maximum investment was £75,000. I am not normally careless, but I obviously did not read the small print. Alliance & Leicester refuses to pay the extra interest. MG, London.

Time seeks closure on the worst deal in history

The media group is desperate to consign its disastrous merger with AOL to history – a boost in profits in its first results since the split suggests it has

AOL posts profit, but subscribers dwindle

AOL Inc posted a quarterly profit and beat Wall Street's revenue expectations, even though the weak advertising market and the Internet company's dwindling subscriber base

Tom Sutcliffe: An age-old problem that affects us all

So what's it to be then? A "martini and a medal", Martin Amis's deliberately provocative shorthand for street corner euthanasia booths, or "flexible working" until we drop in the traces? Are Britain's old people a demographic time-bomb, or are they a resource that we can't afford to waste (or, more bluntly, just can't afford unless they chip in themselves)?

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness
Homeless Veterans appeal: Homeless in Wales can find inspiration from Daniel’s story

Homeless Veterans appeal

Homeless in Wales can find inspiration from Daniel’s story
Front National family feud? Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks

Front National family feud?

Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks
Pot of gold: tasting the world’s most expensive tea

Pot of gold

Tasting the world’s most expensive tea
10 best wildlife-watching experiences: From hen harriers to porpoises

From hen harriers to porpoises: 10 best wildlife-watching experiences

While many of Britain's birds have flown south for the winter, it's still a great time to get outside for a spot of twitching
Nick Easter: 'I don’t want just to hold tackle bags, I want to be out there'

'I don’t want just to hold tackle bags, I want to be out there'

Nick Easter targeting World Cup place after England recall
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back