The rumours are true - after missing out on buying MySpace (NSDQ: NWS) last month, Criterion Capital Partners is acquiring SeeSaw, the UK on-demand TV service, paidContent:UK has learned.

Bebo co-founder Michael Birch, who made a fortune from the sale of the social network to AOL (NYSE: AOL) two and a half years ago, is once again investing in the site. AOL sold Bebo to private equity firm Criterion Capital Partners this summer; Criterion now says Birch is joining…

Shortly after buying Bebo from AOL (NYSE: AOL), Criterion Capital Partners managing partner Adam Levin told us that the social network would be “staffing up” and that’s indeed what it’s doing. Bebo has hired Akash Garg, a co-founder and former CTO of social network Hi5, as its new CTO, and…

Bebo is getting ready to announce its first new activity since being off-loaded by AOL in the next few weeks, says Adam Levin, the managing partner at buyer Criterion Capital Partners, who has been named CEO of the social network.

Bebo’s new owner said it would “retain a San Francisco-based headquarters” - but it won’t be Bebo’s existing building. AOL (NYSE: AOL), whose CEO Tim Armstrong told staff Criterion Capital Partners will buy “substantially all of the assets”, is hanging on to Bebo’s office inside the six-storey building on 795…

AOL’s co-founder and former CEO weighs in on the off-load... {tweet_id="16331911577"}

After weeks of uncertainty about the fate of Bebo, AOL (NYSE: AOL) finally unloaded the social net—at a price tag that most likely isn’t anywhere near the $850 million AOL had paid for it two years ago. Here’s a quick look at the history of Bebo, beginning with AOL’s purchase,…

Selling to private equity may be the worst possible option for Bebo. The deal gives it no significant industry partner or parent with which it could hope to resurrect itself.

Per Wednesday’s speculation, LA private equity firm Criterion Capital Partners has confirmed it’s buying social network Bebo from AOL. Criterion isn’t disclosing any deal terms or price, which has been reported at $2.5 million by PEHub or $10 million by TechCrunch, two years after AOL bought Bebo for $850 million.

A couple of weeks after Tim Armstrong admitted there was interest in Bebo, AOL (NYSE: AOL) may well have a buyer for the social net. It’s highly unlikely the price tag will be anywhere near the steep $850 million the last regime paid for the service two years ago. Mashable…

Luckily for internet-related conference organizers, *AOL* CEO Tim Armstrong doesn’t seem to be getting tired of answering the question: “What was wrong with AOL (NYSE: AOL) when you got there?” Answering that query from FM’s John Battelle at the CM Summit, Armstrong said that there was a flawed emphasis on…

The end of May is a memory and AOL (NYSE: AOL) has yet to announce the fate of Bebo, the $850 million bet made by previous management. I was told earlier this week an announcement could still be weeks away. This might be one reason: CEO Tim Armstrong just said…

AOL (NYSE: AOL) CEO Tim Armstrong began his fireside chat at day two of Techcrunch’s Disrupt conference by talking about the extensive review of the company’s operations. All operations, whether it was how long the legal department would strike agreements or how long it would take to bill customers would…

For months, most of the attention on Yahoo’s content has been about the company’s efforts to expand its coverage and enhance its quality. Now the company is in the spotlight for acquiring Associated Content, which, depending on your point of view, is either a content farm or a producer of…

Bebo may have sold to AOL (NYSE: AOL) for $859.8 million in May 2008 - but the social network’s UK office then crashed from a £2.6 million annual profit to a £1.1 million loss (now $1.7 million). The 143 percent fall happened because Bebo UK incurred a £1.6 million tax…

A quick look at the rise and fall of Bebo and AOL’s $850 million vision, in links: »  AOL Admits Bebo To Be Sold Or Shut Down; Memo Sets May Target For Decision »  Bebo Extends Yahoo Ad Sales Deal, But AOL Will Bring In-House »  Bebo Cuts UK Jobs…

AOL (NYSE: AOL) told employees today that it may sell or shut down social network Bebo this year after deciding it would take too much additional investment to make keeping it worthwhile. Here’s the memo from AOL Ventures EVP Jon Brod… “The strategy we set in May 2009 leverages our…

After former Bebo president Joanna Shields left last May ahead of the dismantling of her AOL (NYSE: AOL) People Networks division, she teamed with TV producer Shine Group CEO Elisabeth Murdoch to create a social content company. But now she’s getting back in to the social networking business proper, joining…

Now that AOL (NYSE: AOL) CEO Tim Armstrong has said the most he’ll do with MapQuest is an operational partnership, not a sale, it looks like instant messaging service ICQ could be at the top of the sell list—and, according to multiple reports, Russia’s Digital Sky Technologies (DST) is interested.…