Hitwise: Facebook growing fast, MySpace still on top
The good news for Facebook, according to new statistics from Hitwise, is that its traffic is up 50 percent in the U.S. since last August. The not-so-good news for Zuckerberg & pals? The same numbers say that News Corp.'s MySpace still owns a whopping 67.5 percent of the social-networking market in the U.S.
Hitwise gathered its data from an analysis of traffic to 56 different social-networking sites, and concluded that Facebook has gone from a market share of under 14 percent to slightly over 20 percent in the past year. MySpace, meanwhile, has seen a 10 … Read more