Nielson Offers More Proof of MySpace Decline, as Facebook and Twitter Soar

Compared to user activity on social networking sites last year, Facebook and Twitter posted gains of 69% and 45% respectively in the U.S. Globally, the total minutes spent on social networks monthly saw a more than 100% gain over the same time last year, driving the average time per person spent on social networks to over six hours per month. (NielsonWire)