Facebook suffers from social networking slowdown

Facebook has suffered its first monthly drop in UK users for 17 months, falling by five per cent to 8.4 million unique users between December 2007 and January 2008. Despite this, the social networking phenomenon has grown by 712 per cent in the UK over the past 12 months according to the latest stats from web intelligence group Nielsen Online. In contrast MySpace has seen a nine per cent fall in the number of unique visitors year on year with around five million users. (Silicon.com)