TechCrunch: Looks like Bebo, once an early star in social networking, is progressing to the next step in the long and messy struggle between majority shareholder Criterion Capital Partners and minority shareholders that include co-founder Michael Birch, Hecker Consultancy and SV Angel: Bebo.com, Inc. has filed a voluntary petition for Chapter 11 Bankruptcy in the Central District of California.
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NRM: "Facebook’s CEO Mark Zuckerberg testified before members of Congress. Many expected a thorough grilling of the social network’s founder. Instead, we got a bunch of old people who didn’t know a single thing about the internet."
You'd think at least one of those "old people" would have asked someone in the business to bring them somewhat up to speed on current reality.
CNET did a nice wrap up of the congressmen and women that don't understand how the Internet works https://www.cnet.com/videos...
and? you think the majority of people that use facebook know anything about anything going on in world at the moment? lulz please.. at least the old people have reason for their ignorance, the public are just wet dreams of the goverments that herd there domesticated behinds
Location Sharing is not a very bad feature in hind sight. This has become a staple in many Social Networks and Instant messaging services to let people know where they are at.
This is what happens when you don't learn how to adapt to changes in the industry. I'm kind of sorry for Bebo.