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Facebook is arguably the number one social networking site on the Internet. From personal to business to commercial pages, Facebook claims over 700,000 users around the globe. But when you're looking for a job, Facebook is the last social network in which you should focus your job hunt. You stand a better chance of finding gainful employment off a job search engine than you do off Facebook, and those odds aren't great.

If Facebook has all those users, and virtually every recruitment and social network expert states just the opposite, why is this advice valid? That's a good question, and the answer is so simple that it's often overlooked: Time. You just can't often afford the time it takes to have reasonable hope of it working for you.

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Pretty much every website you go to tries to provide you with a customizable experience. Amazon suggests other items you may be interested in – based somewhat on what others buy but also on what you’ve bought, what sites you’ve visited, any cookies your browser may have, etc.

Facebook takes into consideration which links you click on and which posts you like, and then displays more updates from those friends and fewer updates from other friends. This may be good or bad, depending on whether you want to stay in touch with everyone or you want to just see what you care about most. (Compare this to Twitter, which may suggest users, but leaves it up to you to manage your actual feed.)

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Did you ever feel the need to tag the picture of a coke can which you are holding on your picnic on Facebook? It is now possible to tag the pictures as the social network allows tagging Pages in Facebook photos.

Starting from Wednesday, Pages for Brands & Products as well as People can now be tagged by the users in their Facebook photos.

Instead of the Page’s Wall, the tagged photos will be shown in the Photos tab of a Page, and a page can be tagged by anyone even if the user has not liked it. Photos from the tab can also be disallowed by page admins by going into Edit Page > Posting Options > and unchecking “Users can add photos.”

It’s not all fun and games in social media today. The original social media platform, MySpace, is hemorrhaging up to 10,000,000 visitors per month at the moment and News Corp, who bought the site 5 years ago for $580,000,000 are currently looking for a buyer.

The site, which in many ways taught its supersedents how not to do social media dropped web traffic from 73,000,000 to 63,000,000 between January and February this year. In a report released by comScore it was found that the social entertainment site cum social media platform cum social entertainment site again was experiencing about half the traffic it was a year ago.

Who does not, at some point or other in life, get nostalgic about their childhood friendships – that neighborhood kid they played together with in the garden, the kids from school who were regulars for play dates or even the friends they hung around with in college? Looking for these friends and reconnecting would have been impossible if not for social networking websites, like Orkut or Facebook, which is without doubt the most popular social networking websites today.

The recent news of the California hacker that stole nude photos from hacked emails highlights the fact that most people do not consider the importance of that security question that comes up when you go to reset your password. Many people do not give that much thought, but the story of George Bronk should give folks pause.

LinkedIn is a social networking tool dedicated to the employees and employers of various organizations around the world. Both employers and employees have plenty of features available in LinkedIn which are beneficial to them in business networking. While Facebook is targeted at youth willing to relax in their spare time, LinkedIn has become the main networking hub online for career minded people. Those who seek challenging career opportunities post their profiles in LinkedIn.

And, so, the online media wars continue.  .  .  . Just as “Video Killed the Radio Star” in the ‘80s, so “the Internet Killed Print Media” in the 00’s. Or, so it seems. Yet media mogul, Rupert Murdoch, has unveiled his vision of an apps-only news source which he thinks will challenge this trend and cause readers to turn to their ‘readers’ for their daily dose of news, rather than to online news aggregators like Google News and Yahoo! News.

FaceMash.com For Sale on Flippa

If you have seen the Facebook movie ‘The Social Network’ then you know that Facebook founder Mark Zuckerberg’s first version of a social site was FaceMash.com. The site built overnight when his girlfriend left him, featured two side by side photos of Harvard undergrads that you could vote on. You were voting which one was better looking. It took off and crashed the Harvard network within one night of release.

MySpace Searches for Ad Revenue

With MySpace losing customers at a 13% pace over the past 52 weeks, they now face the difficult task of selling their advertising space to one of the big ad networks. Their last deal was made in 2006 with Google for $900 over the course of four years. But since then, their viewership has eroded as Facebook has overtaken the social web space. They currently in talks with Google, Microsoft and Yahoo but will most likely receive a significant reduction in revenue for this contract compare to the last one.