Good piece here to keep you updated on the movers and shakers in social media. No surprises on the twitter front - and it does looks like Mr Murdoch made a rather large mistake spending oodles to acquire myspace....
Still think twitter has a way to go - that way being us all having cheap mobile web on our handsets....
http://www.guardian.co.uk/technology/blog/2009/may/21/twitter-myspace-bebo-nytimes-growth-decline?commentpage=1