Talk about a savvy business deal: Bebo's founders have just bought the network back for a song.
News in BriefThe big tech news today may have been the Samsung Galaxy S3 and Facebook's impending IPO but would we forget the little guys? Even the really little guys, like Bebo, a bamboo Android phone and a 100-year-old advocate for the Nintendo DS? Never.
Web giant AOL is set to sell the social network site Bebo to a private investment firm this month. AOL is planning to offload the social network business, selling it to investment firm Criterion Capital Partners, according to The Wall Street Journal.
A new social network aimed at training six to ten-year-old children how to effectively and safely use social networks has been launched in the US.
A new study confirms that face-to-face time spent with friends and family makes people happier than time spent socialising online on social networks such as Facebook and MySpace.
Social networking site Facebook has announced that it's formed a board with five internet safety organisations to help it become safer online.
Bebo has announced new measures to ensure the online safety of children and teenagers, by adding a 'report abuse' button to its site.