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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MySpace said it’s using Google’s Gears, software for augmenting Web browser abilities, to make the social-networking site easier to use.

When MySpace users go to their mailbox, they’ll be invited to install Google Gears, said Allen Hurff, MySpace’s senior vice president of engineering, in an appearance here Wednesday at the Google I/O conference. “It’s available to [...]

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MySpace has won a legal battle, against spammers Sanford Wallace and Walter Rines, according to an AP report. The battle ended in a $234 million judgment by a Las Angles court, ruling against some of the most notable spammers, thanks to their antics on popular social networking site MySpace, and even some massive spamming campaigns [...]

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Just over 24 hours after Myspace’s announcement regarding their Data Availability initiative, Facebook has responded with Facebook connect. According to Dave Morin, “Facebook Connect is the next iteration of Facebook Platform that allows users to “connect” their Facebook identity, friends and privacy to any site. This will now enable third party websites to implement and [...]

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Along with launch partners Yahoo, eBay, Photobucket, and Twitter, MySpace has announced “Data Availability,” an initiative to allow users to share their profile data across all of the sites that they visit. By all signs, this means we’ll have an actual, tangible implementation of Data Portability up and running within the next few weeks.

Specifically, Amit [...]

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There is a lot of chatter today about MySpace missing its “revenue targets” – Wall Street gibberish meaning the company didn’t make as much money as people were hoping it would in its most recent quarter. While I realize such a shortfall has implications, especially for shareholders of News Corp, I’m going to commit a [...]

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Facebook on Thursday reached a user safety agreement with the attorneys general of 49 states and the District of Columbia, much as rival MySpace.com did several months ago.

“We’ve agreed with 49 states and the District of Columbia to set up principles around Internet safety,” Facebook Chief Privacy Officer Chris Kelly explained in an interview with [...]

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SMS is sort of a universal underpinning of mobile communications all over the globe. People are able to do everything from chat to purchase goods to transfer cash to one another in a kind of wireless, Western Union-like method, all by way of the very basic but supremely useful medium known as the text message.

So [...]

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