Thanks to updated privacy settings, Facebook users now have to fear everyone — literally.Starting Wednesday, Facebook users who logged into the site were treated to a prompt requesting that they review and update their privacy settings. Users had choice of sharing their profile and status updates with “friends,” “friends of friends” or “everyone.”
Facebook’s new privacy […]

SHANGHAI (Reuters) - Friendster, one of the world’s earliest social networking sites, will be sold to an Asian buyer by the end of December for at least $100 million, a source familiar with the matter said.
Friendster, which predates Facebook and MySpace in the social networking space was founded in 2002. But it quickly lost ground […]