Monetization issue is gaining attention. With recession fears growing every day, time to critically review business model is here. Big social networking players are not shy about making tall claims. Here is a quick run down of how they did recently.
Myspace claimed important client - Cartier -  dispelling notion that MySpace user base is all [...]

  FriendFeed got it’s mojo by learning from Facebook’s    extremely popular news feed functionality. Now Facebook getting it’s revenge. One feed at a time, Facebook is adding more feed power in it’s database.  
 
 
Today Facebook Facebook product manager, Peter, announced on his blog that Facebook can now  import activity from YouTube, StumbleUpon, Hulu, Pandora, Last.fm, [...]