MySpace is laying off 500 employees, or about 47 per cent of its global staff, as part of a restructuring by the once-leading, now struggling social-networking site.
Myspace's China office cut about 30 employees last month and saw its CEO depart, a sign that the U.S.-based social networking service may be pulling back from the country's Internet market.
To be the first social network to register for an initial public offering
Zynga, the company behind popular Facebook games such as FarmVille and Mafia Wars, has acquired Flock, which develops a Web browser fine-tuned for real-time social networking data feeds.
Diversity is key in Duke University's MBA-Cross-Continent program, which brings together students from around the world and sends them to several continents to learn. But when it comes to tools for linking the students and faculty in that program, a ...
Facebook CEO Mark Zuckerberg visited the campus of China's largest search engine Baidu on Monday, meeting with the company's CEO Robin Li and other senior staff.
Yahoo will not shut down Delicious and instead is trying to sell it to another company. At least, that's what Yahoo wrote on the Delicious blog Friday, a day after reports circulated that it planned to shut down the social bookmarking pioneer.
More Yahoo applications and services will be shut down or merged with existing products in the coming months, the company has said.
By the end of this year, companies will have spent 15 percent more on enterprise social software than in 2009, a growth rate expected to carry over into next year, according to Gartner.
Facebook CEO Mark Zuckerberg was one of 17 billionaires this week to pledge donating more than half of their wealth to charitable organizations.
Facebook on Sunday introduced a redesign of its user profile pages in advance of an interview on the "60 Minutes" news show where CEO Mark Zuckerberg explained the redesign.
It may not have been high on Mark Zuckerberg's list of reasons for creating Facebook, but the social networking platform is a tremendous marketing tool. Nothing sells like word-of-mouth recommendations from trusted friends and family, and Facebook pr...
Some of the developers behind Google Wave have submitted <a href="http://www.waveprotocol.org/">their software</a> to the Apache Software Foundation for inclusion.
Diaspora, a widely anticipated social network site built on open-source code, <a href="http://joindiaspora.com/">has cracked open its doors</a> for business today, at least for a handful of invited participants.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.