Life and Style Xochi and Michael Birch launched Bebo in 2005 and sold the company three years later to AOL for $850m

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.

Battle of social-networking sites

Nick Clark: Facebook's value has fallen a third in 18 months and many of its rivals are also struggling - but not all. Who's up and who's down?

Now 'Big Brother' targets Facebook

Minister wants government database to monitor social networking sites

Brian Viner: 'The generation gap has contracted since 1977, but it is still a chasm'

Home And Away: 'My daughter knows I'm a tourist in the world of MSN, and that I will swallow any old tommyrot'

Ministers seek curbs on internet suicide sites for teenagers

Websites which encourage vulnerable teenagers to kill themselves are to be blocked under plans by the Government to tackle the dozens of suicides that have been linked to internet chatrooms.

Deadly street culture: Lethal posers of Britain's Bebo generation

Experts say younsters carry knives simply because they think it is cool to do so. But what are the implications for the Government's policies? By Ian Griggs

Mother sues over tale of 'drunken party' lifted from Bebo

It read like the teenage party from hell: a riot of sex and wanton damage fuelled by under-age drinking that only ended when the police arrived. According to media reports, the mother of the teenage hostess was so angry with her daughter that she punched her.

Modern Miss

Online TV show ‘KateModern’ has made a star of Tara Rushton. She tells Dan Poole about becoming a success in the UK.

Bullies blamed after suicide of 'Emo' music fan

A teenager who followed the music and fashion movement known as Emo killed himself after being bullied "because of his style", his friends said yesterday.

Record-label scouts are fearless workaholics, but they get to make pop-music history

Free gigs, the hottest new bands as your best mates, and the chance to discover the next Arctic Monkeys: the life of a record-label scout appears terribly desirable. But is the reality as glam as the dream?

Dana Dunne: AOL chief keeps the personal touch as he integrates Bebo

A Day in the Life: Dana Dunne is spreading the word about AOL and its $850m purchase of Bebo, a move that he sees as a return to AOL's roots

Six children quizzed over web fights

Police arrested six children for allegedly using a social networking website to organise gang fights.

Briton banks a fortune from his $850m Bebo sale

For one of the leading social networking entrepreneurs, Michael Birch's introduction to his future wife, Xochi, happened in an endearingly old-fashioned physical way, in the bar of Imperial College in London.

AOL to buy Bebo social network site

AOL, the internet arm of Time Warner, said today it will pay $850m (£417m) in cash to acquire social media network Bebo, which has total global membership of more than 40 million.

TV ad revenues set to rise despite slowdown

Global television advertising revenues are expected to grow by nearly 6 per cent to $123bn (£61bn) this year, despite fears of an economic downturn.

Kate Modern: Making a drama with a minimum of fuss

Sophie Morris has her 15 minutes (or seconds) of fame in an episode of Bebo's teen drama KateModern, which attracts millions of hits
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Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

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Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
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Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
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With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

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Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
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The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
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Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
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Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

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War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

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Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable