Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 02 July 2013 10:51

Bebo might get new life

Written by Nick Farrell



Might be rescued from Chapter 11

The founder of the Bebo website might be thinking of rescuing it from insolvency. 

Michael Birch tweeted that he is looking the "re-invent" the website, which he sold to AOL in 2008. Birch set up Bebo, which can be used to post blogs, photographs, music, videos and questionnaires. The couple reaped $595m after selling their 70pc stake in Bebo to AOL.

AOL offloaded the site to Criterion Capital Partners (CCP) three years ago for a reported figure of less than $10m. Bebo could not keep up with Facebook and Twitter and in 2010 AOL announced it was planning to sell or shut down the site. CCP stepped in, but Bebo filed for Chapter 11 voluntary bankruptcy protection just seven weeks ago.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments