Word: facebookã
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Rupert Murdoch’s News Corporation recently purchased Facebook??s closest competitor, MySpace.com, for $650 million, a move that drew attention to the vast advertising potential of social-networking sites...
...open just to Harvard students, continues to seek new ways to grow. After expanding to all North American colleges, it welcomed high students last September, and opened up to business affiliated networks in May. Unlike MySpace, the most trafficked networking site on the Internet, according to comScore Media Metrix, Facebook??s more than 9.3 million users must register as members of a “network”: a college, high school, business, or, soon, a city. Although Facebook gives its users extensive control over what sections of their profiles and photo albums are visible to others...
...After Facebook??s launch, Green said he realized that people use online social networking sites mostly for what he calls “social validation,” and he decided to create a site that would allow users to validate their political opinions...
...Indeed Facebook??with such idiosyncratic features as individual message board “wall” postings and “poking”—is well-known as a procrastination tool...
While it is unlikely that many individuals have passed through high school and college and secured jobs during the two years of Facebook??s existence, Hughes said he expects that “over time, it will be a place where people can coordinate” across multiple networks...