Robert Kimber is the new CEO of Friendster
Social networking service Friendster has named Robert Kimber as their new CEO.
Robert Kimber is a former Google senior employee and he would now be leading this social networking company which faces intense competition from both MySpace and Facebook.
Friendster is currently the ninth most visited site in the world [...]

AOL completes Bebo acquisition
US based internet company AOL has announced that they have now completed the acquisition of social networking service Bebo.
Bebo is very popular in Europe. However it is a relatively smaller player in this market dominated by MySpace, Facebook and Orkut.
Hi5 and Friendster are some other players in the social networking industry.
AOL said [...]

MySpace India launched
Social networking is pretty popular in the Indian market. But most people prefer to use Google’s Orkut or Friendster. Even Facebook is very popular amongst the web users around here.
MySpace however is the largest social networking service in the world and they have now launched the Indian version of the site.
MySpace India is [...]

News Corp hoping for USD 1 billion revenues from online services
MySpace.com parent company News Corp has said that they expect to make revenues touching USD 1 billion from their online services this fiscal year.
This is however below their previous expected figures exceeding USD 1 billion. They expect their margin to be around 20% of this [...]