Remember when investors were worried about Facebook's transition to mobile? Well, they aren't anymore, as the social networking company reported a blowout fourth quarter, bringing in $2.6 billion in total revenue. More importantly, about 53% of Facebook's advertising revenue now comes from mobile.
Friendster To Shut Down May 31st
And lo, the pioneer gasped and died. The end of an era. Unable to stay afloat between Facebook and Twitter, social networking site Friendster is throwing in the towel on May 31st, 2011. If you have a profile with them, you have until then to export and save all your information before it is purged. (Have a Friendster account? Take a screenshot and post it in the comments. Let the wake begin.)