Bebo

Bebo ( /'bi:boʊ/) is a social networking website launched in 2005. It is owned and operated by Criterion Capital Partners who took over from AOL in June 2010.

Users receive a personal profile page where they can post blogs, photographs, music, videos and questionnaires which other users may answer. Additionally, users may add others as friends and send them messages, and update their personal profiles to notify friends about themselves. Bebo is very similar to other social networking sites, mainly Facebook.

Bebo was founded by Michael Birch and his wife Xochi Birch in January 2005 at their home in San Francisco. The website name was bought by the founders, and the backronym "Blog Early, Blog Often" was invented to answer the question of what the name meant. The site was acquired by AOL on March 13, 2008 for $850 million, with the Birch's combined 70% stake yielding a profit of $595 million from the deal. However, the founders and executives of Bebo had stated that their end goal had been to sell out to a larger company, as they were well aware of the site's platform instabilities. Many suggested that AOL overpaid for Bebo, especially as advertising suffered a downturn due to the financial crisis. Furthermore AOL was unwilling to invest and continue developing Bebo so that it could remain competitive with Facebook.

In April 2010, AOL announced it was planning to sell or shut down Bebo, with the sale being completed on June 17, 2010 to Criterion Capital Partners for an undisclosed sum which was reportedly under $10 million.

The BBC said that the AOL purchase of Bebo was "one of the worst deals ever made in the dotcom era", and it cost the then-CEO of AOL, Randy Falco, his job.

Read more about Bebo:  Website, Open Media Platform, Open Application Platform, Privacy and Security, Usage, Rumored Shutdown

Other articles related to "bebo":

Bebo - Rumored Shutdown
... On January 30, 2012, access to the Bebo site was unavailable ... Anyone who went to Bebo.com would be given a failure notice ... Former CEO and now Technical consultant to Bebo, Michael Birch expressed his sadness over Bebo's demise before saying that the site would come back online within a few hours ...
Sabki Laadli Bebo
... Sabki Laadli Bebo (Hindi सबकी लाडली बेबो) is a Hindi/Punjabi-language television drama-series that aired on STAR Plus ... Sabki Laadli Bebo is all about a cute, cheerful, innocent girl Bebo, who is loved by her family immeasurably ...
Latin Grammy Awards Of 2005 - Awards - Jazz
... Best Latin Jazz Album Bebo Valdés — Bebo De Cuba - Suite Cubana - El Solar De Bebo - Cuadernos De Nueva York Paoli Mejias — Mi Tambor Bob Mintzer, Giovanni ...
Sabki Laadli Bebo - Plot
... Sabki Laadli Bebo is the story of a family which yearns for a girl after having three boys ... Singh) and his wife Amarjeet's prayers are finally answered and the family is blessed with Bebo, who gradually becomes everybody's laadli (favourite) ... Bebo (Shivshakti Sachdev) met Amrit (Anuj Sachdeva) at a railway station when she missed her train and was all alone ...
Sabki Laadli Bebo - Cast
... CHARACTER ROLE PLAYED BY Rano/ Bebo Amrit Malhotra Main female lead, Amrit's wife protagonist Shivshakti Sachdev Amrit Malhotra Main Male lead, Bebo's husband Anuj Sachdeva Kuku Narang Bebo's father Kanwaljit Singh ...