Can he reinvent it? Who knows, but he says it will be fun trying.
AOL is set to offload Bebo to United States private investment firm Criterion Capital Partners at a "fire sale" price potentially below $10-million.
Buying a fledgling social networking site is the quickest way for a giant corporation to gain credibility with a youthful audience.
The "Place for Friends" is starting to feel lonely. MySpace, the Rupert Murdoch-owned website, is losing popularity and key staff.
When are online student comments about lecturers free expression, asks Kate Smith, and when are they harassment?