1. Web Wars

    Facebook Overtakes Yahoo in Traffic

    LONDON - JULY 10:  In this photo illustration a lap top is logged onto the social networking site Facebook on July 10, 2007 in London, England. Facebook has been rapidly catching up on MySpace as the premier social networking website and as of July 2007 was the secondmost visited such site on the World Wide Web. Started by 22 year old Harvard dropout Mark Zuckerberg, the website is responsible for 1% of all internet traffic and is the sixth most visited site in the USA.  (Photo Illustration by Chris Jackson/Getty Images)

    Chris Jackson / Getty Images

    Another bad omen for Yahoo: The Web site that once dominated the Internet has now fallen to third place in the U.S., behind the seemingly untouchable Google—and now Facebook. The shift came in January, when just-released figures show that Facebook’s slight upturn—when coupled with Yahoo’s slight but continued slide—gave Mark Zuckerberg’s Web site the edge. Facebook, which just celebrated its 400 millionth user, receives almost 134 million unique visitors per month, while Yahoo has slipped from dominance to a still-impressive 132 million. Google, for its part, has been mired in controversy over its new venture, Google Buzz, which takes aim at Twitter and Facebook by offering a social-networking side to its colossal Gmail customer base. Let the status updates war begin!

    Read it at Mashable