A backdoor in MySpace’s architecture allows anyone who’s interested to see the photographs of some users with private profiles — including those under 16 — despite assurances from MySpace that those pictures can only be seen by people on a user’s friends list. Info about the backdoor has been circulating on message boards for months.Since the glitch emerged last fall, it has spawned a cottage industry of ad-supported websites that make it easy to access the photographs, spurring self-described pedophiles and run-of-the-mill voyeurs to post photos pilfered from private MySpace accounts.The bug, and its long-term survival, raises new questions about privacy on the News Corp.-owned site, even as it touts a deal with the attorneys general of 49 states meant to polish its online-safety images. http://www.wired.com/politics/security/news/2008/01/myspace
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Annoyed with the ad deluge on social networks, many users are spending less time on the sites. 

…the forecasts for torrid growth may prove unrealistic. Besides the slowing user growth and declining time spent on these sites, users appear to be growing less responsive to ads, according to several advertisers and online placement firms. If advertisers can’t figure out how to reverse these trends, social networking could end up as a niche market in the online ad world, smashing hopes and valuations across Silicon Valley.

http://search.businessweek.com/Search?searchTerm=Generation+MySpace+fed+up&resultsPerPage=20

ARLINGTON, Ore. (AP) – Mayor Carmen Kontur-Gronquist, whose MySpace photos of her posing in black lingerie on a fire engine put this Columbia River town of 600 into something of a pother, told ABC’s 20/20 Friday night that she’s not stepping down.

“They’re going to have to drag me out of here,” she said.

The pictures were taken before she thought of running for mayor, said Kontur-Gronquist, 42, the first woman to hold the unpaid position. She said she had permission from the fire chief to use the engine and had intended to use the photos in a contest about fitness in women.

http://www.wtopnews.com/?nid=104&sid=1329531