Obama sends his first tweet

U.S. President Barack Obama took to Twitter on Wednesday (July 6) to press his economic agenda, using the popular social media site to tweak Republicans and advocate for a deal to reduce the deficit. Read more »

MySpace sold to Specific Media

News Corporation has sold its ailing social networking site MySpace to online advertising firm Specific Media. Read more »

Facebook rejects NY man's claim of half-ownership

Facebook founder Mark Zuckerberg has said that an alleged contract and e-mails that a New York man claims entitle him to a 50% stake in the social networking site are "forgeries". Read more »

The social network “Facebook” could lead to divorce

The social networking site, which connects old friends and allows users to make new ones online, is being blamed for an increasing number of marital breakdowns. Read more »