EXODUS: Six Million Americans Quit Facebook In May

ASSOCIATED PRESS: According to Inside Facebook, the social networking site hit 687 million monthly users in June, though the growth rate overall has been slower than normal for the past two months. Though for the past year Facebook has grown by at least 20 million users each month, in April and in May, it grew by 13.9 and 11.8 million respectively. And in the U.S. and in Canada, Facebook actually lost users. U.S. accounts fell by close to 6 million, from 155.2 million at the beginning of May to 149.4 million at the end. This marks the first time American […]

TOP 10: Reasons Why You Should Quit Facebook

DAN YODER: After some reflection, I’ve decided to delete my account on Facebook. I’d like to encourage you to do the same. This is part altruism and part selfish. The altruism part is that I think Facebook, as a company, is unethical. The selfish part is that I’d like my own social network to migrate away from Facebook so that I’m not missing anything. In any event, here’s my “Top Ten” reasons for why you should join me and many others and delete your account. MORE RELATED: As grumbling about Facebook’s ever-shifting privacy policies gets louder, a new study from […]

HOT DOCUMENT: The Trouble With Facebook

Lily sent you a message.——————– Subject: Just like a buzzin’ fly, I come into your life, now I float away Dear Jon, I’m going to de-friend you.  It’s nothing personal, which is the whole point. We’re not personal people, with each other.  We don’t talk on the phone or send Christmas cards. We don’t mass email urban legends to each other.  We’re just not close. Even when we were close, back in the early 90’s, we weren’t close. Right before I left Philly, I saw you at a party and you thought my name was Missy. And it didn’t bother […]

DAILY NEWS: Did Facebook Just Eat The Fumo Trial?

DAILY NEWS: “STAY TUNED for a big announcement on Monday everyone!” So wrote a blogging juror who’s been deliberating for five days in the public corruption trial of former state Sen. Vincent J. Fumo, in a comment posted Friday on his Facebook Internet profile. The posting by Juror No. 5 — Eric Wuest of suburban Collegeville — raised questions: Is a verdict imminent? Did Wuest have third-party discussions about the trial as a result of his postings on Facebook and Twitter social networking Internet accounts during the 15-week trial and the ensuing deliberations? Last night, Fumo defense attorneys NiaLena Caravasos […]

NEWS CLUES: It’s Like Adderall For Your Eyeballs

GET REAL ESTATE: Subprime Crisis Spurs Home Loan Interest Rate Freeze WASHINGTON — The Bush administration has hammered out an agreement to freeze interest rates on certain subprime mortgages for five years to combat an escalating number of home foreclosures, congressional aides said Wednesday. A person familiar with the matter said the rate freeze would apply to borrowers with loans made from Jan. 1, 2005, through July 30 of this year with rates that are scheduled to rise between Jan. 1, 2008, and July 31, 2010; likewise, the program would only be available for owner-occupied homes — to ensure the […]