Here’s a look at some of what happened this week in the world of social media and elsewhere on the Web.
-It should be no shock that MySpace is losing users, but now the company is in jeopardy of losing nearly $100 million. In 2006, MySpace made a $900 million deal with Google that would allow the search engine to be the exclusive search advertiser on MySpace, which at the time was the most used social networking site. The site is coming dangerously close to maintaining a minimum traffic level, which could break the deal with Google. In the past three months, MySpace’s page views have dropped 22.75 percent. (more…)