Facebook and MySpace were neck and neck competitors for years, but with yesterday's announcement, Mark Zuckerberg became the clear victor of this round of social. Here's how Facebook did it.
By Kevin Kelleher, contributor
In six fast years, Facebook has grown from startup into a billion dollar enterprise. Estimates for Facebook's revenue range from $1.2 billion to $2 billion this year. Jim Friedland, a Cowan & Co. analyst whose 2010 estimate sees MORENov 19, 2010 11:37 AM ET
MySpace CEO Mike Jones announces profile data sharing and login via Facebook. And yes, there are Like buttons.
On Thursday, Facebook and MySpace announced "Mashup with Facebook," a new partnered product that lets MySpace users with Facebook accounts port their Facebook interests and likes into their MySpace profiles, allowing for personalized MySpace media streams.
"MySpace is very committed to this new direction social entertainment," said MySpace CEO Mike Jones during the announcement. MOREJP Mangalindan, Writer - Nov 18, 2010 3:25 PM ET
The professional social network GILD wants users to find jobs and have fun and win prizes while they're at it. Can gamification work for something as big as finding a job?
For the country's 9.6% unemployed, jobs remain elusive. The traditional tools available -- headhunters, temp agencies, referrals, even LinkedIn -- can sometimes be more tiresome than helpful. Hopeful job seekers can walk away even more frustrated at the end of MOREJP Mangalindan, Writer - Nov 11, 2010 3:00 AM ET
Whether or not the redesign turns the social network around, analysts and design experts seem to agree it's a step in the right direction.
When MySpace unveiled its radically different logo at the Warm Gun Design conference in San Francisco two weeks ago, the media -- Fortune, included -- scratched their heads. Was the struggling social network off its rocker?
As it would turn out, yes, but in a very good way.JP Mangalindan, Writer - Oct 27, 2010 1:13 PM ET
A former Yahoo exec gets a funding injection for his plans to take on LinkedIn with a social graph that's more Google than (old school) AOL.
Posted by Dan Primack
7 Degrees, a developer of business applications based on the social graph, today announced that it has raised $6.8 million in new VC funding. Rho Ventures led the round, and was joined by return backers vSpring Capital and Parkview Ventures.
The company's flagship product MOREScott Olster, editor - Oct 13, 2010 7:01 AM ET
Facebook's "Groups" refresh takes a slide from one participant in Fortune's privacy redesign bake-off.
When Facebook Groups launches, users will have more control over privacy and sharing with the ability to grant subcircles of friends customized access to post updates and media without the need for friends' approval or confirmation.
Privacy issues aside, we applaud Facebook for giving its hundreds of millions of users these new features. But if eagle-eyed Fortune readers MOREJP Mangalindan, Writer - Oct 11, 2010 1:01 PM ET
The new logo could be a way for users to see their best selves in the soon to be rebooted social network. Or it could lead them to see nothing at all.
Late last week, the new MySpace logo was unveiled at the Warm Gun Design conference in San Francisco: the word "my" in a sans serif font (presumably Helvetica) followed by a bracketed underscore representing a space. Get it?
"MySpace is MOREJP Mangalindan, Writer - Oct 11, 2010 12:28 PM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the morning's most newsworthy bits below.Facebook founder and CEO Mark Zuckerberg granted The New Yorker unprecedented access for a profile in the latest issue. Among the revelations: Zuckerberg has 879 Facebook friends, MORE JP Mangalindan, Writer - Sep 14, 2010 8:20 AM ET
With declining ad sales, a stagnant user base, and a creaky interface, the once-mighty social network has a redesign on deck, but is it enough to save the site?
Visit the MySpace offices in the News Corp. complex in Beverly Hills, and you won't see a company in crisis. Underneath the company sign, a dry-erase board reads "A place for..." with scribbled Mad Lib-esque responses like, "Soy Milk Ecstasy" and MOREJP Mangalindan, Writer - Aug 26, 2010 3:32 PM ET
In this episode of Techmate, Jon and Michael quiz LinkedIn CEO Jeff Weiner about his company's competitors, when the online network may go public, and its mission of reaching half-a-billion members.
>Mason Cohn, Producer - Mar 25, 2010 7:16 PM ET
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