Are social networking websites useful business tools?
ccording to Wikipedia, a social network service (which can also be referred as Web 2.0) uses software to build online social networks for communities of people who share interests and activities or who are interested in exploring the interests and activities of others. Most services are primarily web based and provide a collection of various ways for users to interact, such as chat, messaging, email, video, voice chat, file sharing, blogging, discussion groups, and so on. Various social networking sites have sprung up catering to different languages and countries. It is estimated that combined there are now over 200 social networking sites using these existing and emerging social networking models. MySpace, Facebook, LinkedIn.com, Ryze, and Hi5 are some of the most widely used social networking websites in Canada. Social networking has revolutionized the way people communicate and share information with one another. Various social networking websites are being used by millions of peopl