Malaysian tycoon buys Friendster Source: Yahoo! News
Malaysian tycoon Vincent Tan announced a deal to buy Friendster, a social networking site that still retains a strong following in Southeast Asia after losing in global popularity to Facebook and MySpace.
Social networker fined for sending spamSource: Dutchnews.nl
The telecoms sector watchdog Opta has fined an un-named person for sending unwanted messages to thousands of people using the Hyves social networking site, Nos tv reports.

Ok, I'll admit it, BRB is a pet peeve of mine when I'm chatting online with someone. In my way of thinking, BRB means that you're going away for a moment and that you will return soon.

My brother-in-law had to fire one of his employees the other day for addiction. To Facebook. Even after repeated warnings, she just couldn't stay away from her account, spending up to five hours per day on the web site.
Facebook More Popular than eBay, Wikipedia, and U.S.Source: Switched
It's only been a couple of days since Facebook revealed that it had topped 350 million users -- exceeding the population of the United States. But that wasn't the end of the shocking statistics about Facebook usage.
Social Networks in the Yahoo DirectorySource: What's New on Yahoo! - Literature
This includes a directory of the various Social Networking sites,Yahoo and Google Groups,etc that are listed in the Yahoo Directory.
You Say Potato, I'll Say Potato by Laura VanderkamSource: City Journal
Before Facebook, few of us asked others, explicitly, to be our friends. We didn't monitor how many friends we had as an indication of our status or scroll through listings of friends of friends to pad our own list.
Tagged.com settles with states in invite fightSource: msnbc.com
The social networking site Tagged.com has adopted reforms on the use of invitation e-mails after being accused of essentially stealing the e-mail addresses of some 60 million Internet users, state Attorney General Andrew Cuomo announced Monday.
Media Stats, Matters, Yankees and Red SoxSource:
An interesting blog. Ben Atlas uses a lot of metaphors in his writing. I have little direct knowledge (or interest) of the subjects he touches on. But loved the bottom line conclusion he draws.
Your thoughts? Let's talk :-)

In 2007, I was commissioned by a Fortune 100 company to perform an analysis of their company's operations and suggest means by which they could become leaner and more efficient.
Blast Off Source: FACEBOOK
YEAH UP & RUNNING! WAIT TILL YOU VIEW THIS!!!! TAKE 5 MINUTES OUT OF YOUR BUSY LIFE TO REAP THE BENEFITS OF YOUR OWN PAGE