Researchers at Princeton University believe that Facebook is heading the same way as Myspace, going so far to declare that in 2017 the social network will only have 20% of its peak user base left. FULL STORY >

Long-time Facebook rival MySpace is sold off by its owners, faces uncertain future. FULL STORY >

New data suggests that the world's largest social network is facing a few drops in user numbers, although the bigger picture is still one of Facebook domination. FULL STORY >

Security researchers at Symantec discovers a flaw allowing Facebook apps to leak user data to third party companies and advertisers. FULL STORY >

A revised complaint by a New York fuel salesman claims he is entitled to a massive 50 percent share in Facebook. FULL STORY >

Facebook is apparently in the process of testing new real-time advertising features, meaning what you say in a status update could impact what ads you see in future. FULL STORY >

In yet another buyout, Facebook acquires mobile app developers Snaptu. FULL STORY >

Pictures and other private information of 250 000 Facebook users hijacked. FULL STORY >

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

MySpace has announced that users will now be able to sync their MySpace and Facebook accounts to simultaneously post on both sites. FULL STORY >

MySpace aims to stay in the social networking game by planning a huge revamp of their site over the coming year. FULL STORY >