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...Popular with users, it has outlasted other networks like Bebo. But Reddit’s small size and lack of personal data collection make it a hard sell to advertisers. Videos offer a new way to sell ads....
...Rupert Murdoch’s News Corp poured $580m into MySpace in 2005; then AOL spent $850m for Bebo three years later....
...But over the past decade Friends Reunited, along with peers like Bebo and MySpace have been marginalised, as Facebook emerged as the dominant social network....
...Both sites would eventually be overtaken by Facebook, but by that time, Bebo belonged to AOL....
...He oversaw Time Warner’s $850m purchase of social network Bebo in 2008, a purchase now thought to be as misguided as News Corp’s acquisition of MySpace....
...They are hoping their next product – a relaunch of Bebo as a playful messaging app – will be that big win....
...We have something that we think Bebo users will be excited about. It’s a great fit for Bebo.”...
...Yet Bebo’s audacity is still admirable. It may be the only area in which it surpasses Facebook....
...On the buyout front, husband and wife team Michael and Xochi Birch reacquired their social network site Bebo for $1m, having previously sold it for $850m....
...Snapchat’s rejection of Facebook – for now, at least – is a high-stakes bet that it can avoid the fate of here-today, gone-tomorrow social networks such as MySpace or Bebo....
...British tech boom entrepreneur to return to the limelight – following Blur Group chief executive Philip Letts, formerly of Beenz.com, and Michael Birch, who recently bought back the social networking site Bebo...
...“One rule we set ourselves since selling [Bebo] is that we shouldn’t do anything in life that we didn’t think was going to be fun.”...
...Roelof Botha, a venture capitalist and Tumblr director, points out that MySpace and Bebo had the misfortune to battle the juggernaut of social networking head-on....
...Less successful than those deals, were AOL’s acquisition of Bebo for $850m in 2008 and News Corp’s $580m MySpace acquisition in 2007....
...Bebo’s UK counterpart is Friends Reunited, the website for ex-classmates set up by Steve and Julie Pankhurst. ITV lost 80 per cent of its £120m outlay when it sold out in 2009....
...NBC Universal fared little better with its iVillage acquisition in 2006, Time Warner’s $850m acquisition of Bebo ended with it selling the social network for about $10m, and in 2008 CBS splashed $1.8bn on...
...The appointment of the 50-year-old American, whose previous roles include chief executive of social networking group Bebo and managing director of Google’s European business, will be seen as a coup for the...
...As chief executive of Bebo, she built up the social networking group and led it into its $850m acquisition by AOL in 2008....
...Could others follow in Digg’s footsteps, matching the decline seen by social media sites like Bebo before?...
...Facebook’s bulwark is the network effect of having millions of users but Instagram’s rise and the fall of Bebo, MySpace and others shows how fragile it is....
...Michael Birch, the co-founder of the Bebo pioneering community site, hopes to harness social media for a good cause with his latest project, Water Forward....
...the likes of Skype, Last.fm and QXL Ricardo; Augmentum Capital, the Rothschild-backed fund run by Betfair’s Tim Levene; and Profounders Capital, whose team includes Lastminute.com’s Brent Hoberman and Bebo...
...It also boasts an A-list of technology angel investors, including Paul Birch, co-founder of social networking website Bebo....
...“I think things have changed,” says Michael Birch, the British entrepreneur behind Bebo and other innovations, when he visited from San Francisco recently....
...Fashionable online networks – the likes of MySpace and Bebo – often fade and die as newer forms of online interaction become popular....
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