New research by Citibank reveals that social media has yet to penetrate the small business world, finding that 76% of the 500 organizations surveyed have not found social media useful in generating business. Maria Veltre, Executive Vice President of Citi’s Small Business Segment says, “Our survey suggests that small business owners are still feeling their [...]

Social networking site Facebook’s founder and Chief Executive Mark Zuckerberg plans to enter the digital-music business in the wake of the launch of News Corp’s MySpace Music last month, the New York Post said.
Zuckerberg is talking to a number of song-streaming services and music community sites, including Rhapsody.com, iMeem.com, iLike.com and Lala.com about an outsourcing [...]

Note: Even if it says Facebook 2.5, it is actually Facebook 3.0 due to caching. Delete the old app and reinstall or wait until Apple updates its cache.
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We knew it was coming in all of its glory. With additions such as events, creating photo albums, photo zoom, and a new home screen, how could we [...]

The rise of social gaming is happening more quietly than one might think given the statistics. Today we’re hearing about another potential milestone: Facebook application FarmVille claims to be the fastest growing social game in history, reaching an impressive 11 million daily users in a little over two months.
To put that in perspective, World of [...]

If you’ve been following the Facebook for iPhone Facebook page, you know that Facebook () 3.0 for the iPhone is coming very soon. The application has been submitted to Apple for approval, and – though this process doesn’t always go smoothly – we can expect it in the app store in a day or two.
Of [...]

Facebook grew from 100 million to 200 million users in just 8 months. Now, the company has announced that it has gone from 200 million to 250 million in just over 3 months. In other words, despite its already massive size, Facebook’s growth actually appears to still be accelerating.
More important than the raw user count [...]

As we reported yesterday, in the hours during and after the news of Michael Jackson’s cardiac arrest and ensuing death, tweets about the pop icon comprised 30 percent of total volume on Twitter and that might be a conservative estimate.
Since then, we’ve learned a lot more about the story’s impact on the Web, and [...]

The death of one of the world’s greatest pop stars is having a global impact, but social media brings into sharp focus the scale of the world’s shock and sadness. Previously, we might have learned of a pop star’s passing via TV, or a friend or coworker: now knowledge is immediate, and mourning has become [...]

TED, host to some of the most informative talks in technology, released a particularly timely talk today from new media expert and NYU professor Clay Shirky on “How Cellphones, Twitter, Facebook Can Make History”.
While filmed in May, his points are brought into sharp focus by recent developments in Iran (see #iranelection), as social media [...]

Facebook is testing a realtime search engine for users’ news feeds that will challenge Twitter search, the company revealed on its blog today.
Let’s face it: Facebook Search really isn’t all that impressive of a tool. It does a good job of searching for people, groups, and apps, but doesn’t fare well at all if [...]