Friendster ranks No. 13 on technology research firm Hitwise's recent tally of top social networking sites. It holds less than 1 percent of the market share, trailing newcomers such as imeem.

The rise of Friendster and other social networking sites such as LinkedIn.com, Ryze.com and Everyonesconnected.com stems from the Internet’s power as a grass-roots peer-to-peer medium.

He takes over from Kent Lindstrom, who will remain on Friendster's payroll after serving as CEO since early 2006. Founder Jonathan Abrams left amid the site's U.S. decline, and he now runs an ...

Userplane announced today that its award-winning Webchat 2 is now the number one application on the Friendster open platform. Webchat 2 is a next-gene ...