Social network sites tempt investors
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Social  networking Web sites have fired up industry deal headlines the  past couple of years -- from News Corp.&#39;s ground-breaking  acquisition of MySpace to the recent purchases by the Walt  Disney Co. and Viacom Inc.&#39;s Logo network of Club Penguin and  DowneLink.com, respectively.
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Investor's Business Daily - Three years ago, some dismissed social networking Web sites as a fad, a place where the geek-minded could fluff their personality on a Web page.
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Study exposes emerging tribes of social network sites
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A new study by Parks Associates indicates that attempts at monetizing social networking sites may backfire, leaving providers with few options to generate revenue from their users.
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Following the announcement by Facebook that it would make its platform available to other sites, the application-sharing environment for social networking is moving quickly and picking up steam.
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By Janet Kornblum  Facebook, the online networking site once the exclusive terrain of college students, will soon be opening up to the world.
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The price tag for Facebook, the second-largest social-networking Web site, just keeps rising. But what does that mean for MySpace, which is the No. 1? Microsoft and others are said to be considering a minority investment in Facebook that would value the three-year-old company at more than $10 billion. At least one analyst, Vijay Jayant of [...].
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Research reveals which social network site is capturing the hearts and clicks of Britons.
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Social-networking sites like the big three -- MySpace, Facebook and LinkedIn -- act as a sort of shared address book, letting people post profiles, leave notes for one another and find out whom they know in common.
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Thanks to a clean, easy-to-use interface, a brand-new social networking site may edge out its competitors. Invite your friends to Thanksgiving dinner the easy way. In Monkey Bites.
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Facebook has become such a popular social networking site that some companies are betting their businesses on it.Participants in a panel at the Web 2.0 Summit conference in San Francisco Thursday cited the impact of Facebook."We looked at the Facebook platform before it launched and came away with the conclusion that this could be the greatest paradigm shift in technology since the Internet itself," said panelist Ali Partovi, CEO of the iLike music discovery service.iLike bet close to 100 percent of its business on Facebook, he said."We made a very big bet. We basically decided to halt work on our own Web site and spent the next [several] weeks that we had building a Facebook application," Partovi said. iLike's own Web site, meanwhile, is used to drive traffic to the Facebook application, he said."Literally, within the first 24 hours, our Facebook registrations exceeded the rest of our Web site," by a dramatic amount, he said. In the first 12 hours, iLike signed up 10,000 users, followed by 10,000 more in the next three hours and 10,000 more in the next two hours, he said.Facebook application developer Slide is probably allocating 35 percent of its efforts to the site, said Slide Vice President Keith Rabois. Slide decided to invest in Facebook because it created an open environment that encouraged developers to make money for the first time."That has been a sea change," Rabois said.Facebook opened the floodgates for a raft of innovations, said Seth Goldstein, CEO and co-founder of SocialMedia, which also has developed applications for Facebook. Facebook has 2 million users, half of whom use it daily, he said."There's a level of engagement," inside the Facebook platform, he said.Another panelist noted Facebook widgets. "The neat thing about the Facebook platform is you can actually talk to friends through widgets, thorough the APIs," said Lance Tokuda, CEO of the RockYou photo-sharing site.
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A Forbes writer reportedly overheard that two New York-based hedge funds have infused the social network with something in the neighborhood of $250 million.
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TechWeb - Company founders point to the rising valuations of start-ups riding fast-growing Facebook's wave of popularity.
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Investor's Business Daily - Not all social networking sites are for kids and up-and-coming bands. Two sites, aSmallWorld.net and Ratings.com, are networking sites that cater to the super-rich. The invitation-only sites are compared with that of Harvard Business School&#39;s alumni report and some advertisers use the sites as ways to get in touch with the wealthiest. At aSmallWorld.net the average user is only 32 years old. It says that many people have homes on multiple continents, with 65% of users calling Europe home and 20% in the U.S.
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Social-networking principles have spawned a lending marketplace that lets individuals make loans to almost anyone.
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Microsoft's overture toward Facebook may be a prelude to an IPO.
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Huge crowds in social networking sites draw money-minded malware authors.