The social networking site Myspace has been sold to online advertising company Specific Media for about $35 million. In an official press release by Myspace CEO Mike Jones confirmed the social networks’s sale to Specific Media.

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Google launches their new social service, Google+

Google has launched Google+, a new social networking service. Google has launched a new social networking service called Google Plus or Google Circles and is looking to compete with the likes of Facebook and Twitter.

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Yet again, Facebook users are being tempted to click on scam links. A new Facebook scam is underway that claims to show a video of a baby being born. The scam’s signature message states – My First Baby Birth – Video! and the describes it – Yeahh! It happens on Live Television!

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Yet another scam on Facebook. This time the scam claims to giveaway an Apple iPad for free. The scam reads – “WOW!, the site is messing up right now and giving out Ipads free!!! @ [link] I got mine yesterday hurry while it lasts”

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It looks like the Twitter account of English comedian Simon Pegg was hacked, and was used to spread Trojan Horse to his 1.2 million followers

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It’s a lovely Sunday out here in the real world, but the online world is full of scams. Earlier today, the self proclaimed hackers LulzSec decided to hang their boots. However, Facebook scammers are still far off from doing that.

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Monster.com, online employment hub, is adapting its job search to social networking site Facebook. Monster, will be doing this by launching a Facebook app called BeKnown on Monday.

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Just as I was writing about the new Marika Fruscio Facebook Scam I came across another scam that is rapidly spreading on Facebook with the text “99% of people can’t watch this video more than 25 seconds!!! I dare you to watch more than 25 seconds from this video!”.

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Remember the earlier Facebook scam related to Marika Fruscio Breasts on Facebook? Well it looks like the scam has taken centerstage again and is rapidly spreading on Facebook.

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Facebook has always been the hottest platform for scammers to spread (scam) messages. In the past few days, we have revealed several Facebook scams, however there are few such scams that are still active and rapidly spreading on Facebook despite of several warnings and blogs posts all over the Internet.

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In a unfortunate and tragic incident, “JackAss” star Ryan Dunn was killed in a car accident. Though this incident is tragic, spammers are trying to lure people on Facebook by posting a new scam which is saying that it has “Ryan Dunn’s LAST WORDS – EXCLUSIVE!!” video. It also adds a warning saying that the video is for mature audiences only.

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Twitter will soon force all users to migrate to the new Twitter web interface. Some users are not happy about the impending forced migration, and are making their voices heard.

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In the past, we have covered several Facebook Scams which have fooled users into clicking links of sick videos of Miley Cyrus, showing what Justin Bieber did to a girl and more among other things. This trend still continues to grow and now scammers are using Facebook events and Facebook chat to spread spam.

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Social gaming is a huge fad. Facebook and Zynga are biggest contributors of social gaming. Women play more social games and account for 55% of social gamers. Also Farmville farmers out ratio real U.S. farmers 80 to 1.

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Facebook app for iPad – An official Facebook app for iPad will be released soon. Official Facebook app for iPad will have some great features and photo capabilities.

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