Many parents are worried about their child signing on to websites like MySpace or Facebook, but they’ll be happy to know there’s actually some good that can come from these sites. It turns out that by making friends online it can raise the self esteem of a child when their offline.

If a shy teen see’s they can make friends on the web, they can get the confidence to make friends at school too! According to new research, MySpace gives adolescents a safe place to express their feelings. (more…)

In the old days, making new friends required engaging in some kind of social activity, but with Internet social networking sites such as MySpace, “friends” can be made without even leaving the house. MySpace not only makes it easy to meet people, it has changed how people decide to be friends. That first “getting to know the basics” conversation is no longer needed. A person’s profile provides their interests, sign, age, education, romantic status and even whether they smoke or drink. (more…)

MySpace’s chief executive said Tuesday the U.S. networking Web site is poised to thrive in the South Korean market because it pays more attention to local culture than its competitors. Speaking after the launch of MySpace’s Korean-language version in Seoul, Chris DeWolfe said he was confident about the site’s prospects in a country that has proved difficult for foreign online services such as Google Inc. He noted the Korean-language site included a new feature, “Minilog,” a way for Korean youths to jot down everyday thoughts and feelings in a few hundred characters. (more…)

News Corp.’s MySpace plans an aggressive expansion into markets outside of the U.S. in a move that will help boost revenue and profits in coming years, a company executive said. “Every single market we’re going [into], we’re seeing significant growth in revenues across the board,” said Travis Katz, senior vice president. (more…)

Spyware is a type of malware program that can cause much harm to your PC performance and your online privacy as well. Spywares are spread through freeware and shareware that are available for free downloads from the internet. The spywares are generally hidden within these programs and therefore you can hardly make out which freeware has a spyware and which one is free from spyware threats. As spywares are not detected by the anti virus software it becomes all the more difficult for the users to protect themselves from spyware infection. (more…)

Music and MySpace go together like cheddar and macaroni, so it’s not surprising to see News Corp.’s (NYSE: NWS) social networking site in serious negotiations with major music labels to launch a revenue-sharing platform. Yesterday’s New York Post details how Warner Music Group (NYSE: WMG) and Sony BMG — a partnership between Sony (NYSE: SNE) and Bertelsmann Music Group — are close to signing a deal that will create new revenue channels in ad-supported music and music videos, pay-per-downloads, and mobile phone delivery. (more…)

Two years ago, campus police ticketed a junior at an Illinois university after they used his Facebook profile to prove he lied about knowing another student’s name. If students at the University of Nebraska-Lincoln post evidence of a crime on their Facebook profiles, they could be in trouble with the cops here, too. But that doesn’t mean University Police are constantly scouring Facebook or MySpace pages. (more…)

MySpace might have gotten a stigma for its advertising and user spam, but the company is hoping to get a fresh start with its developer platform. Jim Benedetto, vice president of technology for MySpace, discussed the company’s current developer strategy with a group of 250 social application developers, entrepreneurs, and members of the press at the Snap Summit in downtown San Francisco. Benedetto didn’t go into detail about this morning’s announcement of the OpenSocial Alliance, and instead provided an overview of the development platform, including details about the upcoming integration of the MySpace’s hypertargeting ad network. (more…)

Yahoo Inc., Google Inc., and MySpace Inc. said Tuesday they agreed to form the OpenSocial Foundation to “ensure the neutrality and longevity of OpenSocial as an open, community-governed specification for building social applications across the Web. (more…)

NME is pushing further into the US through a deal with social networking website MySpace, which will stream the IPC magazine’s first US music awards live from Los Angeles’ El Rey Theatre next month. The UK title is hoping that the association with MySpace, the biggest social networking site in the US and in the world, will help it grow its audience among new music fans. (more…)