Bebo gears up for new activity

Criterion have been making their first changes at Bebo, as they try to turn around the fortune of the social networking site they bought recently from AOL.
They will be investing in new staff and focussing on the niche tween market.


http://paidcontent.org/article/419-new-bebo-ceo-well-staff-up-innovate-then-maybe-sell/

Bebo moves on

AOL has sold Bebo to Criterion Capital Partners for a rumoured $10m or less. Criterion have described the site as "attractive media platform".

Read more:
http://www.guardian.co.uk/technology/2010/jun/17/aol-confirms-bebo-sale
http://www.ft.com/cms/s/2/cf6e4258-7a08-11df-9871-00144feabdc0.html