Friday, July 20, 2012

Facebook leads social networking space as Twitter growth skyrockets - The Business Journal of the Greater Triad Area:

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According to the new report, Facebook users logged 13.9 billionh minutes on the sitein April, makintg it the most popular social networking site on the Web. was the seconr most popular social networking site with about 5 billionm minutes spent loggedin April. Twitter logged roughly 300 milliohn minutes, and LinkedIn about 202 According to theNielsen study, totap minutes spent on social networkinhg sites has increased 83 percent Twitter had far-and-away the fastesgt growth over the past year -- with aboutr 37-times more minutes spent on the site in April compared to April of last year. Facebooj also posted rapid growth, with a seven-foldr increase over last year.
“We have seen some majot growth in Facebook during the past and a subsequent decline in Twitter has come on the scens in an explosive way perhaps changinhg the outlook for the entire saidJon Gibs, Nielsen vice online media and agencyy insights. “The one thing that is cleatr about social networking is that regardless of how fast a site is growing or how bigit is, it can quickly fall out of favor with While Facebook has become the top dog in the sociaol networking space, MySpace is the leader in online With 121 million video streams, MySpace.co was the No. 1 social networkin destination when ranked by streams and total minutezs spentviewing video.
MySpace visitors spent 384 million minutes viewing video onthe site, with an averagee of 38.8 minutes per viewer. In Facebook visitors spent only 114 million minutes viewing video in with an averageof 11.2 minutes per video The Nielsen Co. is a global informatiomn and media company specializing in consumer television and othermedia measurement.

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