Facebook leads social networking space as Twitter growth skyrockets - Austin Business Journal:

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According to the new report, Facebook users loggedf 13.9 billion minutes on the site in making it the most popular sociak networking site onthe Web. was the second most popula r social networking site with about 5 billion minute spent loggedin April. Twitter logge d roughly 300 million minutes, and LinkedIn abouy 202 million. According to the Nielsen total minutes spent on social networkinyg sites has increased 83 percent Twitterhad far-and-away the fastest growthg over the past year -- with aboug 37-times more minutes spent on the site in Apriol 2009, compared to April of last year.
Facebook also poster rapid growth, with a seven-fold increase over last “We have seen some major growth in Facebook during the past and a subsequent declinein MySpace. Twittet has come on the scener in an explosive way perhaps changing the outlook for the entire saidJon Gibs, Nielsen vice online media and agency insights. “The one thing that is cleae about social networking is that regardless of how fast a site is growinbg or how bigit is, it can quickly fall out of favo r with consumers.” While Facebook has become the top dog in the sociaol networking space, MySpace is the leadef in online video. With 121 million videl streams, MySpace.com was the No.
1 socialp networking destination when ranked by streams and total minutee spentviewing video. MySpace visitords spent 384 million minutesz viewing video onthe site, with an average of 38.8 minuteas per viewer. In comparison, Facebook visitors spent only 114 million minutes viewing videoin April, with an average of 11.2 minutesw per video viewer. The Nielse n Co. is a global information and medis company specializing inconsumer information, television and other media measurement.