It could be the bargain of the century or a triumph of hope over experience. The British founder of Bebo, the social network which briefly soared in the noughties, has bought back the company he originally sold for $850 million for just $1 million.
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Thursday 04 April 2013
Seen as part of the old society following the revolution in Cuba, he left the country for good
Tuesday 02 August 2011
One in five young people has been a victim of cyber-bullying, which experts warn can cause more psychological damage than traditional forms of bullying.
Friday 15 July 2011
A consortium led by Criterion, the US merchant bank that owns Bebo, is buying SeeSaw, the online video-on-demand service that evolved from Project Kangaroo.
Tuesday 12 April 2011
Bebo, once the UK's most popular social networking site, is relaunching with a new design and extra features that it hopes will reverse the decline in user numbers.
Friday 14 January 2011
A teacher was banned from the classroom for one year today for inappropriate contact with teenage schoolgirls on the internet.
Sunday 09 January 2011
Saturday 25 September 2010
A paedophile postman who used Facebook and Bebo accounts to groom hundreds of children for sex was jailed for eight-and-a-half years yesterday.
Friday 24 September 2010
Parents were warned tonight that their children are not safe from paedophiles even in their own bedrooms as one of Britain's worst ever internet child sex abusers was jailed.
Saturday 17 July 2010
US Outlook: Bebo has a secret weapon in its effort to win teenagers back to the social networking site: Maxx Levin, 17-year-old brother of Bebo's new owner, the California entrepreneur Adam Levin. As you read this, Maxx is travelling the Far East wearing a Bebo cap and under instructions to tell everyone he meets to sign up.
Saturday 19 June 2010
The ubiquitous social networking website Facebook achieved revenues of $900m (£608m) in 2009, it was reported yesterday.
Friday 18 June 2010
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.
Friday 18 June 2010
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.
Friday 18 June 2010
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.
Saturday 29 May 2010
A postman admitted grooming hundreds of children for sex over a five-year period, using social networking sites to prey on his victims.
Friday 28 May 2010
A postman admitted today that he groomed hundreds of children for sex over a five-year period, using social networking sites to court his victims.
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