• Tweet News Corp. has sold Myspace for a fraction of its purchase price, bringing the curtain down on Rupert Murdoch’s tie-up with a one-time social networking star that ended up being eclipsed by Facebook. Myspace, which was bought by News Corp. in 2005 for $580 million, was bought by Specific Media, a digital ad-targeting platform, [&hellip

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  • Tweet Google, the king of internet search but not on the social front, has launched its rival to Facebook, a social networking service called Google+. "Online sharing is awkward. Even broken. And we aim to fix it," Google’s senior vice president for engineering Vic Gundotra on Tuesday said in a blog post about the long-awaited [&hellip

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  • Tweet Social networks continue to prove their worth as a marketing channel Social media marketing has been top of mind among marketers and is becoming a worldwide phenomenon. Earlier this year, eMarketer estimated that worldwide social network ad revenues alone, not including money that companies spend developing presences on social networks or hiring staff to [&hellip

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  • Tweet   One in three (34%) of parents of children age 13-19 have used Facebook to learn more about the parents of their children’s friends, according to data from Retrevo. This makes parents of teens the most likely of all parents of children younger than 20 to snoop on Facebook in this way, followed by [&hellip

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  • Tweet The average age of social network users rose between 2008 and 2010, according to data from the Pew Research Center Internet & American Life Project. For example, the percentage of social network users age 18-22 fell 43%, from 28% to 16%. Percentage of SocNet Users 36 and Up Rises In addition, the percentage of [&hellip

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