Welcome to Wopular's coverage of Social Networking.
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Social Networking.
MySpace, bought by the News Corporation six years ago for $580 million, has been sold to Specific Media for about $35 million, two executives with knowledge of the sale said Wednesday.
Senh: That's a third of what Friendster got sold for.
Call him the Digital Candidate: President Barack Obama is asking supporters to use Facebook to declare "I'm In!" for his re-election campaign and is using Twitter to personally blast out messages to his nearly 9 million followers. Emails to supporters seek small-dollar donations in exchange for campaign coffee mugs or a chance to win dinner with the president. The campaign's website helps supporters find local events, plan meetings and raise money while its digital team develops the next big thing.
News Corp.'s talks to sell most of Myspace have narrowed to two leading bidders, the ad-targeting firm Specific Media and Golden Gate Capital. Any deal would include hundreds of job cuts at the struggling social-networking website.
Google took its biggest leap yet onto Facebook’s turf on Tuesday, introducing a social networking service called the Google+ project — which happens to look very much like Facebook.
When the Rockville Central blog wanted to increase its readership, the owners looked to Facebook’s 750 million members and thought: Let’s move everything there.
Cameron and Tyler Winklevoss, Harvard University classmates and former business partners of Facebook founder Mark Zuckerberg, have decided not to further appeal a settlement in their long-running dispute over the origins of Facebook.