social networking sites

How to Invest in the Facebook Craze Before It Goes Public

Facebook will go public someday, but not anytime soon: The IPO market has all but dried up, and flush Facebook doesn't need the cash. Thankfully, there are plenty of other means of investing in social networking. Let's go over five ways to play this phenomenon right now.

Facebook Credits to Become Mandatory for Virtual Transactions

Facebook has said that all game developers on the social network must start accepting its Facebook Credits as payment, a step towards making the credits the default payment system on the social networking site. Facebook Credits can be used to make purchases such as digital goods for games. You can purchase Facebook Credits with a credit card.

In 2010, One Site Ruled Them All: Facebook

Facebook ruled the Internet in 2010. It was both the most-searched term -- accounting for 2.11% of all searches -- and the top-visited website, attracting 8.93% of all U.S. visits, compared to Google's 7.19%.

Disney Discussing Buying Playdom for Over $500 Million

Walt Disney Co. (DIS) is discussing a deal to buy Playdom Inc for over $500 million in a bid to increase its presence in social network games. Disney wants to use Playdom to incorporate some of its iconic brands and characters into social network gaming, The Wall Street Journal said without naming its sources.

'Friending' With Benefits: Why Lawyers Love Facebook

Facebook and other social networking sites have developed an unusual, but perhaps unsurprising, new fan base: divorce attorneys. As more people stray into infidelity via connections made on the Internet, lawyers are profiting from the evidence left behind by all that online over-sharing.

Social Media Sells Out and Becomes Social Marketing

Though promotional saturation can be the kiss of death for social media platforms, marketers can't resist them. And whether they want to admit it or not, social media sites need the marketers. This week, two top sites -- LinkedIn and Twitter -- are putting their days of purity in the past and offering new tools that meet the needs of corporate marketing departments.