Aiming to make it simpler for millions of people to acquire essential goods and play games on the social networking site while increasing revenue for developers, Facebook is associating with a Malaysian Company to vend credits at trade outlets across Asia for the first time.

Google UK CEO Matt Brittin has stated that there is enough room for another social networking site to stand against Facebook.

The Daily Telegraph reports Brittin statement that Facebook was an "absolute phenomenon" but the social media market has a wider scope and can afford to accommodate more players as well.

Social networking site Facebook has come up with a new Photo feature that adds face detection technology to the photo tagging feature.

According to company's blog post Facebook's Sam Odio, users spent an immense amount of time in tagging the images.

Through a study done by Worcester Polytechnic Institute (WPI) it was known that social networking sites reveal secretive info that could prove to be vulnerable for the member.

It was through the study performed on 20 different sites it was known that sites such as Facebook, LinkedIn, MySpace, Twitter including the mobile social network sites like Flickr, Foursquare, Gowalla and Urbanspoon revealed out the information compromising information of the mobile users.

The number one social networking website Facebook has been accused of blocking the importing capability of Twitter's Facebook app that basically helps to find which of your friends are on Facebook.

"Facebook has notified us that they have blocked the update to our application, and we are working on a resolution with them," Twitter reported to Techcrunch.

The ongoing surge in social networking platforms has invited a huge number of spams that proliferates the malicious practices.

As the reports from Trend Labs Researchers state spams are been coming in Facebook and this time even the popular micro-blogging site, Twitter hasn't been spared.

The spam comes as Facebook notification message that makes use of the adult-themed strings to lure users into opening an attachment.

Facebook users can now 'Like' comments too as stated via an early feed.

A few days back users were permitted to 'Like' status updates, pictures and news feeds and prior to that till 2009, users didn’t have the ‘Like’ option.