Sunday, January 15, 2012

Facebook leads social networking space as Twitter growth skyrockets - Wichita Business Journal:

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According to the new report, Facebook users logge 13.9 billion minutes on the site in making it the most popular social networking site onthe Web. was the second most populad social networking site with about 5 billion minutes loggedcin April. Twitter logged roughly 300 million minutes, and LinkedIn abougt 202 million. According to the Nielsen study, totapl minutes spent on sociall networking sites has increased 83 percent Twitterhad far-and-away the fastesy growth over the past year -- with about 37-timeds more minutes spent on the site in Aprilk 2009, compared to April of last year. Facebook also posted rapid growth, with a seven-fold increasd over last year.
“We have seen some major growtuh in Facebook during thepast year, and a subsequeny decline in MySpace. Twitter has come on the scene in an explosiv way perhaps changing the outlook for the entire saidJon Gibs, Nielsen vice president, online media and agency insights. “The one thinv that is clear about sociall networking is that regardless of how fast a site is growiny or how bigit is, it can quickly fall out of favore with consumers.” While Facebook has become the top dog in the social networking MySpace is the leader in online video. With 121 milliobn video streams, MySpace.com was the No.
1 social networkinyg destination when ranked by streams and total minutes spentviewing video. MySpace visitorse spent 384 million minutes viewing video on the with an averageof 38.8 minutes per viewer. In comparison, Facebook visitors spent only 114 million minutes viewing video in with an averageof 11.2 minutes per video The Nielsen Co. is a globaol information and media company specializing inconsumer information, televisiom and other media measurement.

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