The new Australian chief executive of Friendster has outlined plans to generate revenue for the struggling social networking site through advertising and by introducing a form of digital currency for users to trade.
Google's managing director of its South-East Asia sales and operations Richard Kimber has left the search giant to take up a new role with social networking site, Friendster.
New numbers from metrics firm ComScore show that in May, Facebook appears to have surpassed MySpace in worldwide unique visitors for the first time.
Google has invited programmers into a new sandbox that will let them test out significantly expanded possibilities for Web gadgets, small applications that can be hosted on the company's iGoogle personalised home page.
The first app launched under Google's OpenSocial API program has been taken down, shortly after it was discovered a hacker could use it to change user profiles.
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