Digg commenter Hiji writes, “This is the beginning of the end. In a few years all the major blogs and social-media sites will be owned by large corporations, putting us right back where we started.”

The topic of discussion is, of course, TechCrunch’s rumor that Digg will soon be acquired by Google for somewhere in the [...]

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The latest numbers are in, and they’re showing that June was a big month for at least two of the top social networking Most-Networked-Executives sites. According to Nielsen Online, Facebook swelled to 29.2M unique visitors in the US, up more than 10 percent from May. Meanwhile, professional social networking site LinkedIn grew more than [...]

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A couple weeks ago Facebook surpassed MySpace to become the largest global social network. Aside from becoming the largest website, there are not many other goals that they could strive to achieve when it comes to traffic. Actually, there is one more goal that would be nice to accomplish: become the number one search term [...]

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New figures from metrics firm comScore show that, in May, the battle of the social-networking sites may have gained a new front-runner: Facebook appears to have surpassed long-time rival MySpace in worldwide unique visitors for the first time. ComScore representatives said that Facebook’s lead began in April, when the site passed MySpace by a hair, [...]

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Caroline McCarthy has an interesting post about a recent report which suggests social networks are actually educational for youth, rather than simply acting as a time suck. Social networks have rapidly become one of the most predominant communication tools on the web especially for the youth who have flocked to MySpace and more recently, Facebook.

If [...]

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So comScore [CNET] tells us Facebook surpassed MySpace in worldwide visitors for the first time. This shift evidently occurred sometime in the last few months, between March and May.

Yawn.

I’ll be frank. I was surprised to hear MySpace take second to Facebook. I didn’t think it would happen. At least not now. A while back I [...]

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So in no way is it the end of MySpace but there appears to be a consistent trend domestically: users are leaving MySpace and flocking to Facebook. The press frequently hypes this up to be a result of the site’s poor redesign which has the “aesthetic appeal of a 14-year-old’s high-school locker.” The trend toward [...]

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Among all the discussion of the opening of the social web, one thing continues to be a sticky issue for social networks: the lack of a revenue model. While there is advertising revenue being generated on social networks, it is still a fraction of the amount being generated on sites like Yahoo! and Google. Om [...]

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Los Angeles based social network MySpace, which has 115 million monthly visitors worldwide (Comscore, April 2008), will be launching a redesign of its site next week. The first phase of the project, internally called “MySpace 2.0,” will launch on Wednesday June 18.

The changes affect five major areas of the service: homepage, navigation, profile editor, search [...]

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Mike Arrington has posted screenshots of design changes that will be made live next Wednesday. The new screenshots show the removal of what was once a somewhat prominent “Apps” link at the top of the page. There’s no word of how effective that link was as part of the cluttered navigation but the upgrade [...]

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