Facebook founder Mark Zuckerberg has told journalists that the social networking giant has an ‘awesome’ launch planned for some time this week. He declined to comment further on the what this could be, however rumours are circulating that it could be anything from the release of an iPad app, to integration with skype, a music [...]

Fading social network MySpace has finally been sold by News Corporation, for a massive loss on what they originally paid for it. News Corp purchased the network in 2005 for around $580million (£361million), when it was the market leader, with statistics from the time showing MySpace had 21.9million unique US visitors, compared to Facebooks 8.3million. [...]

The ‘Winklevoss’ twins, Tyler and Cameron have restarted the long running legal battle with Facebook founder Mark Zuckerberg . Just days after their case was dropped, the Winklevoss twins have accused Facebook of ”intentionally or inadvertently suppressed evidence during their previous long running legal battles. Tyler and Cameron have long accused Mark Zuckerberg of stealing their [...]

A recent survey of around 4,000 business owners has shown that around 41% of businesses use social media to win new business – up 8% from last years figures. The findings from the survey have shown that social media has evolved into an essential marketing tool for a lot of businesses, with 66% saying their [...]

For the second month in a row, the growth of social networking giant Facebook has slowed. In may, the number of people using Facebook in the US, UK, Norway and Russia all dropped – however the numbers still continue to head toward the 700million mark. The site lost around 6million users in the USA alone, [...]