SOCIAL NETWORKS

Despite the clamor around Facebook (Nasdaq: FB), the No. 1 social networking site, the real king of the social networking sector is International Business Machines Corp. (NYSE: IBM), a new survey by IDC found.

At the 2012 Worldwide Developer's Conference (WWDC) in San Francisco, Apple announced that the next version of its OS X operating system for Macs, dubbed Mountain Lion, will be released in July. The company did not give out a specific date and time.

We're just a few hours away from the start of the 2012 Worldwide Developers Conference (WWDC) in San Francisco, which is expected to be one of the biggest Apple events of the year. Hours later, the company learned even more new specs, this time about Apple's thinnest laptop, the MacBook Air.

Apple is expected to unveil a ton of new products next week at the 2012 Worldwide Developers Conference (WWDC) in San Francisco, but on Friday, Gadget Lab tweeted a picture from Wired's Roberto Baldwin of a banner put up in Moscone West, one of the WWDC event locations, which showcased iOS 6: The world's most advanced mobile operating system.

We're just four days away from the start of the 2012 Worldwide Developers Conference (WWDC) in San Francisco, which is expected to be one of the biggest Apple events of the year. A new report says that Apple will introduce as many as 14 new Mac models at WWDC, including desktop computers (iMac and Mac Pro) and laptops (MacBook Pro and MacBook Air), among other products.

Will Stone give pearls of wisdom?

Mark Zuckerberg is reportedly being sued by his own investors. The most recent lawsuit claims that the Facebook co-founder sold more than $1 billion worth of the social networks stock just before prices started tumbling.

After its successful IPO on Friday, Facebook was looking forward to its second day of trading, but CEO Mark Zuckerberg won't be too pleased to learn that his company took a big tumble on the stock exchange on Monday. Facebook shares (listed as FB on the Nasdaq) fell from $38.27 to $34.03 apiece, a drop-off of about 11 percent.

In the era of emerging social media platforms, it may seem as if all forms of virtual communication have been covered. With Facebook and Twitter spearheading the social media scene, cyber networking offshoots have formed to cater to specific needs such as Pinterest and LinkedIn. Now it seems that Microsoft is looking to develop the social media landscape even further with its latest creation called So.cl.

When you walk into a clothing store, how can you tell which items are actually popular with previous or would-be customers? Brazilian fashion retailer C&A has the answer: Clothes hangers that leverage the 900 million-plus users on Facebook to show who likes a particular item.

Well, THAT just happened. The world's most dominant social network, touting some 900 million worldwide users, made its Wall Street debut from home Friday, as Mark Zuckerberg and co. opted to celebrate the beginning of a more open and connected Facebook from the company's headquarter's in Menlo Park, Calif.

Facebook, the world's biggest social network with 900 million-plus users, is finally ready to make its Wall Street debut on Friday, May 18, 2012. Facebook is clearly dominant in its industry, but buying stock so quickly might be unwise. Here are five reasons why you shouldn't go buy Facebook stock right away.

Twitter, the mobile messaging giant, said it had acquired RestEngine, a social marketing company specializing in emails, mainly to obtain its developers.

Bing, the third most popular search engine in America, has been drastically redesigned. Even more shocking than the site's fresh new look is the new social media integration.

In a move that pushes it closer to covering all the bases in social media, Facebook has rolled out its very own App Center. The site unveiled the Facebook App Center, a one-stop-shop for apps of all media types, on Thursday, May 10.

From Winklevoss brothers to Paul Ceglia of Wellsville, Mark Zuckerberg has already faced a lot of tough time regarding his ownership of Facebook.

Social media gives companies a chance to humanize themselves, giving fans exclusive content in return for their loyalty. It's an effective strategy, and it's helped change the fortunes of several companies on the brink of solvency.

Social networks are gateways to finding out what's popular, what's trending, and what people care about. If companies can figure out how to target younger audiences, from millennials to college students to young adults, companies can see drastic changes in their fortunes.

Although many users don't care to think about it, in order to execute the above tasks, Facebook, as well as other social networks, are collecting huge amounts of personal information and distributing it faster than ever before. But what happens with all of that information that makes it possible for you to find old classmates or see ads for things you actually want to buy?

What inspires China's energetic Internet community? Why is the government so worried about it?

Facebook introduced a new feature to Timeline that will allow people to perform new functions from stories that appear in their news feed, timeline or ticker. The feature addition is being called action links.