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 27 May 2010
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.
Thursday 08 April 2010
Thursday 08 April 2010
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.
Wednesday 07 April 2010
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.
Wednesday 10 March 2010
Sunday 07 March 2010
Saturday 06 February 2010
Thursday 17 December 2009
Michael Birch isn't short of a few quid, having flogged his social networking site Bebo to AOL for £850m last year. Still, you can't help admiring his generosity: at a benefit evening he hosted for Charity Water this week, Birch amazed guests by promising to personally match all their donations, up to a total of $1m.
Monday 07 December 2009
A convicted sex offender who killed himself and his family in a house fire was having sex with an underage girl in the month before the blaze, a court heard today.
Friday 27 November 2009
With Christmas just around the corner, many families may be getting an extra addition in the form of a cuddly kitten or bouncing puppy.
Thursday 19 November 2009
Plenty to get our teeth into around Indian cinema recently, so just to recap... Tum Mile ("I Met You", Vishesh Films) is a romantic drama set against the backdrop of the Mumbai floods in the summer of 2005.
Tuesday 06 October 2009
An MP called for an inquiry today after two teenage girls jumped from a bridge in an apparent suicide pact.
Monday 24 August 2009
The victim of a woman jailed for harassing her on the social networking website Facebook revealed today that the abuse "consumed her every waking moment".
Monday 17 August 2009
Thursday 30 July 2009
AOL has promoted a former Google manager to resurrect the fortunes of its social network Bebo, more than a year after the last chief executive left.
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