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MySpace abandons race with Facebook

...no longer interested in competing with Facebook, effectively conceding defeat in the...social network.Owen Van Natta, a former Facebook executive who replaced Chris DeWolfe...online hub for music and entertainment. "Facebook is not our competition," he said. "We're...

Facebook court victory against spammers

Facebook has won a significant victory against spammers after a...networking company.The court ordered Sanford Wallace to pay Facebook the money after the company complained that he had used...personal information.Commenting on its official blog, Facebook said the decision was "another important victory in our...

Facebook halts Obama assassination poll

Facebook on Monday disabled a third-party application that asked...thought US President Barack Obama should be assassinated.Facebook and the US Secret Service said they were working together...their own surveys. "The vast majority were benign," said Facebook spokesman Barry Schnitt. It went up at the weekend and...

Facebook to form alliance with Nielsen

Facebookon Tuesday said it would form a partnership with Nielsen...mainstream advertising platform.The partnership will enable Facebook to offer advertisers more information about how users...make a purchase in the future," said Sheryl Sandberg, Facebook chief operating officer.The companies' first joint product...

Facebook acquires FriendFeed

Facebook on Monday made its most significant acquisition to date...sharing service FriendFeed, in a move that that will fuel Facebook's drive to embed itself more widely throughout the web...The announcement follows last year's failed attempt by Facebook to buy Twitter, the internet micro-blogging site, for...

Facebook could be a hit with shoppers

...e-commerce applications is appearing on Facebook, a sign that the world's largest social...retailer and distributor, last week opened its "Facebook storefront", an application running on Facebook's fast-growing platform where users can...

Facebook finds treasure in games

Facebook chief operating officer Sheryl Sandberg has a second job. On top of managing growth of the popular social networking site, she is also a chef in Restaurant City, one of the thousands of games that run on Facebook. Facebook's platform, which allows third-party developers to build services and games that run inside the social network, celebrated...

Facebook brings in payment system

Facebook has begun tapping a new revenue stream with the introduction...which is in its early stages, will allow users to purchase Facebook "credits", then use those credits to buy virtual goods...third-party applications that run on the site, or from Facebook itself. Facebook hopes that by offering a site-wide currency...

Facebook accused of restricting its users

Is Facebook monopolising the social networking market...on multiple social networks.Users of Facebook put work into developing their profiles...For those with hundreds of friends, Facebook becomes a rich personal directory.But...

Facebook violates Canadian privacy laws

Facebook has "serious privacy gaps" and must make changes to comply...Thursday.This is the first time a government has found Facebook in direct violation of its laws, and comes as the world's...share more of their information with everyone on the web."Facebook has to be more transparent about telling people what they...

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