Myspace, Facebook | featured news

Kevin Systrom's smartest move was to sell Instagram to Facebook early, before having to deliver even an iota of revenue. My prediction is that we’ll look back on Facebook's acquisition of Instagram as a bust—much in the same way we now view News Corp.’s purchase of Myspace, AOL’s purchase of Bebo, and Excite@Home’s purchase of Blue Mountain Arts.

Myspace, the once dominant social-networking site that faded into obscurity during Facebook's rise to dominance, added 1 million new users over the past month, according to the company.

Despite new ownership and an injection of Justin Timberlake celebrity cachet, the bad news just keeps coming for Myspace.

OpenDNS has published their report on the most whitelisted and most blacklisted sites of the year 2010 that might help you get some idea on how the sites are being used by the individuals and organizations. You can see the outlook of its subscribers on the sites they are blacklisting and how some sites useful for some can be even blacklisted by others though not in ethical sense.

Myspace is introducing a new "Mashup" that allows users to log in with their Facebook identities, and transfer their Facebook likes and interests to their other site.

Despite a few outages in the past few months, Facebook continues to zip along as the fastest social network in terms of average response time for the site, according to a report by web analytics company AlertSite.

Twitter’s number of monthly unique visitors finally surpassed that of MySpace in August. Though it ranked third among social networking sites, Twitter ranked #50 in the list of top 50 properties overall. The numbers were crunched by the marketing research firm comScore.

Facebook has more users than ever, says comScore. With its most recent privacy backlash seemingly behind it, Facebook surged ahead to a new traffic record in the U.S. during the month of June. According to comScore, the social network pulled in more than 141 million unique visitors in the U.S. during the month, beating its previous record (set in May) by better than 11 million.

Just when you thought teens had enough ways to connect to Facebook and Myspace, along comes Microsoft with their new line of socially focused phones the Kin One and the Kin Two.