Floundering social networking website, MySpace, seems to be on its last ropes after owners News Corp. expressed interest in selling the site. FULL STORY >

Facebook isn't only popular with its social networking users as investors also place a high value on the company and its services. FULL STORY >

This week in the Tech News Round-up: Google seems to be working on its own Dropbox competitor, whilst Facebook attains its largest valuation figure ever. FULL STORY >

Farmville creators Zynga settles lawsuit with Disney for an undisclosed amount. FULL STORY >

Facebook applies for and succeeds in procuring trademarks to the word "face". FULL STORY >

Nokia unveils two new phones aimed at budget-conscious buyers. FULL STORY >

Ninuku Archivist is a new service that will organise your Facebook posts into a chapter-by-chapter book of sorts. FULL STORY >

Facebook improves its messaging service and in the process provides competition for traditional email services of choice such as Gmail. FULL STORY >

Sony, Panasonic, TDK and Philips will be honoured with an Emmy Award at next years International CES expo. FULL STORY >

Venezuelan president Hugo Chavez has surpassed the million mark in Twitter followers. FULL STORY >

Facebook admits certain applications sold private user data to outside companies. FULL STORY >

MySpace unveils a huge redesign in a last bid effort to save the sinking social network. FULL STORY >

A US mother has pleaded guilty to killing her child after he wouldn't stop crying while she was trying to play an online game. FULL STORY >

New reports surface that indicate that third party applications on Facebook are stealing private user information. FULL STORY >

Ubisoft releases a surprising new Assassin's Creed game, this time tasking gamers with prowling around in Facebook. FULL STORY >