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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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker