It isn’t surprising news to say that Facebook has been growing rapidly over the last several months. When they first started out with just a college audience the growth potential was in the millions of users – thousands of colleges and all you needed was a college email address to register on the site (basically). Today it has grown into a mega social network as it is open to the public allowing young teens and up to join.
Before we had Facebook, Myspace was the the only major social network that existed (in it’s field). There were many small competitors but nobody could touch Myspace at the time. Now, it’s a different ball game all together.
Looking at the below chart we see three dominate players; Facebook, Myspace and Twitter. All three are in the top websites in the world and compete with one another. Though, despite the success of Myspace, things are changing. They are losing the battle. Twitter and Facebook are rising while Myspace is slowly declining over the past year.

You can see that Twitter is just starting to gain a curve like Facebook but only over the past couple months. This is expected since it has only recently gained serious attention. Major news networks, newspapers, celebrities and even politicians are using Twitter to connect with their audiences.
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Facebook has added the Twitter like feed, and even allows you to set your profile to be seen by non-friends (public) if you like – practically Twitter style but with a larger existing membership base and superior features. Facebook is keeping up with the times and I think it will stay there… Twitter will come in second as it is simple and sticking… Myspace has done some improvements but I do not see them as a competitor that neither Facebook or Twitter would be worried about, and I agree with the statistics in that Myspace is losing its popularity. I don’t even use a myspace account, but I use Facebook and Twitter regularily.