For much of the year, Facebook had been in negotiation to sell itself to Yahoo. The market value of the “instant behemoth” social service sites has fluctuated, as services both large and small have changed hands this year. The first big acquisition was Newscorp’s purchase of MySpace for $580 million in 2005. That set a benchmark, which was driven upward somewhat by the NBC Universal purchase of women’s online network iVillage for $600 million earlier this year.
Social networking sites typically allow users to create and share blogs, pictures and videos with friends and the wider public. What makes Facebook different from MySpace? Its founder(s) set out to create a social networking site that is designed for post-high school users. It connects people by region, college, company and high school.
Build a personal profile and connect with others that are sharing your life experience as opposed to your social, entertainment and artistic interests, which are the focal points in MySpace. Facebook attempted to blend a little maturity into the energized chaos found on MySpace, and they have been successful. Their current membership is somewhere...
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