It has recently been announced that AOL are to sell its social networking site Bebo and instant messaging service ICQ to Russian investment company Digital Sky Technologies (DST). (more…)

An interesting study in the US has found that more young people are turning to Twitter as Facebook users are getting older. The research conducted by the Paw Internet & American Life Project found that the average age of Facebook users has jumped seven years from 26 to 33 compared with the average age of Twitter users which was 31. (more…)

ComScore report that Twitters growth within the US is stalling, reducing the gap between itself and main social networking rival Facebook.

(more…)

Dr Tracy Alloway from the University of Stirling has said that Facebook helps increase your intellect whilst Twitter has the opposite effect.

(more…)

Users of social networking sites may face higher insurance premiums due to the shear volume of users posting irresponsible information to the masses.

(more…)

MySpace confirmed on Wednesday its purchase of the social music recommendation service iLike. Although the terms of business deal have not been formally publicized, iLike is worth an estimated £12.1 m. (more…)

Social networking site Facebook has recently announced the purchase of social media firm Friendfeed for a reported £30.3m. (more…)

Facebook has now shot past Wikipedia to become the fourth most visited website in the world, succeeded only by Google, Microsoft and Yahoo.

(more…)