In April, Facebook caught up to MySpace in worldwide unique visitors (actually nudging past it with 116.4 million unique visitors versus 115.7 million for MySpace). Now the worldwide comScore numbers are out for May and Facebook continues to blow past MySpace with 123.9 million uniques (up 6 percent), versus 114.6 million for MySpace [...]

Update: See our interview with Matt here. Facebook’s Matt Cohler, the 31-year old VP of Product Management for Facebook, will leave the company this fall and become a General Partner at Benchmark Capital. He will remain a special advisor to Facebook, whatever that means (likely that his stock will continue to vest). Cohler joined Facebook in 2005. [...]

Facebook announced its second F8 Developer event earlier today, to be held in San Francisco on July 23, 2008. It’ll be hard for them to top last year’s announcement of Facebook Platform at the first F8 event. Facebook Platform transformed the idea of social networking from an activity to a platform to engage users. MySpace’s [...]

It was sort of inevitable given Facebook’s monster growth over the last few years, but April 2008 was the milestone: Facebook officially caught up to MySpace in terms of unique monthly worldwide visitors, according to data released by Comscore and shown above. Both services are attracting around 115 million people to their respective sites each [...]

Los Angeles based social network MySpace, which has 115 million monthly visitors worldwide (Comscore, April 2008), will be launching a redesign of its site next week. The first phase of the project, internally called “MySpace 2.0,” will launch on Wednesday June 18. The changes affect five major areas of the service: homepage, navigation, profile editor, [...]

Sometime soon, perhaps this week, Facebook will turn the year-old Facebook Platform into an open source project, multiple sources have told us. The immediate effect will be to allow any social network to become Facebook Platform compatible - meaning application developers can easily take their Facebook applications and have them run on those social networks, [...]

It’s become a common trope to say that Facebook and Google are vying to become the operating system of the Internet. But there are some very clear hints of that in Facebook’s upcoming new design, which it just opened up to today in a developer sandbox. (You can see it at http://www.new.facebook.com, although [...]

Facebook has invited a group of bloggers and journalists to its offices on Hamilton Street in Palo Alto today to discuss the details of its upcoming profile redesign, which we’re told will launch in a few weeks. Keep checking in here as I share my notes from the event. Elliot Schrage has kicked things off by saying [...]

MySpace may once again start to take action against third party applications that disrupt the user experience (or their revenue streams), it seems. Back before MySpace Platform this was limited to the occasional widget provider that got out of line. But third parties now have a broad arsenal of features to attack users and get [...]

How much are your friends worth? That is the question behind the big debate going on around social networks and data portability. In the last ten days, Facebook, Google, and MySpace have all announced ways to let people access their data (including friends lists) from other sites, except that what they are really [...]