Bebo may have closed it service to the public indefinitely in the last few hours. The once ubiquitous social network has been in decline ever since its original founder Michael Birch sold the company to AOL in 2008 for $850 million.
Redeem & Get has been announced as the winner of the ESB Electric Ireland Spark of Genius Award and will now receive a business support package worth €40,000 and an investment offer of €100,000 from ACT Venture Capital.
With seven weeks to go until October's Dublin Web Summit, a major keynote speaker from Facebook has been announced; Ethan Beard. Ethan is one of eight speakers announced this week, with over 60 speakers planned for October's event.
Joining the two high-profile speakers already announced for October's Web Summit, Jawed Karim and Eric Ly, are two of Ireland's tech community leaders, Chris Horn and Liam Casey, and Michael Birch, the man who founded Bebo and subsequently sold to AOL for $595m in 2008.