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