Facebook overtakes MySpace

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Facebook has overtaken MySpace as the most used social networking site in the world after increasing its reach by 168% in the last year.

The website had 108.3 million users globally in December 2008, compared to MySpace, which had 81 million and actually saw a fall in users of 3% between December 2007 and December 2008.

According to online research company Nielsen in its report on Social Networking's Global Footprint, LinkedIn also experienced a massive increase in users of 137%, taking its global total in December 2008 to 15 million.

"The global rise of social networks in 2008 has primarily been driven by Facebook, which overtook MySpace to become the world's most popular social network," said the report.

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