Open Bebo: Boss Still Doesn't Get It

Well, it had to happen:

Social networking site Bebo is likely to follow Facebook's lead and open up its site to developers to create applications that work within the site.

Mind you, the following comment is so wide of the mark, that it makes you wonder whether Michael Birch, Bebo's chief executive, really understands why he's opening up, and what it really means:

"Obviously in social networks there's this conflicting thing of control, of being a closed network and us making all the money, and then opening up to the greater good of the social network.

No, no, no: opening up is how you make even more money, you twit. (Via Antony Mayfield).