Facebook bought MySpace today giving it the license and power to control all entertainment and media on social networking sites, and signaling the end of an era and a war of attrition for Newscorp, and mego-maniacal Rupert Murdoch's company. In regards to Social Networking sites, MySpace and Facebook are obviously the two most popular sites with Facebook having far surpassed MySpace quite some time ago number of users, and social relevance. Facebook has become the premier social network site while MySpace is the site for independent users to market their own user generated content.
Thiw is a perfect example of old media executives getting it wrong with new media. when "Tom" sold MySpace to Ruport Murdoch, and Newscorp. he was making a very smart move to leave what he saw as an ever changing marketplace with extremely high maintenance demands. When Newscorp. bought MySpace in 2006 with the idea of profiting from all the entertainers who had music/comedy/acting profiles, Murdoch and his cronies had absolutely no idea what they were doing in the marketplace and so they made astonishing errors in recoding things like mp3 players that did not work for months.
As for Friendster whose relevance does not even compute in the United States, I did make a little profile and connect with an old friend in the Phillipines and a filmmaker I know working in Vietnam, because in Southeast Asia, Friendster is a very popular site.
Flickr I have to admit is quite an engrossing experience to peer into other people's "private" lives as in Picassa for the same reason. I am hesitant to post anything on Picassa based on google's new requirements to give a phone number to recover e-mail accounts which is an obvious information collection service ploy.
Goodreads has the most inoccuous and interesting set up as the worlds largest private library of user rated materials that isn't a private corporation like Amazon.
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