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Facebook overtakes MySpace, becoming number one in US social networking

It's over. Facebook is now as large as MySpace in the U.S., according to May data released today by comScore. Facebook actually passed MySpace by a smidgeon, with 70.278 million unique visitors compared to MySpace's 70.255 million. While Facebook passed MySpace on a worldwide basis last year, as recently as last March, Facebook was still trailing MySpace by 9 million unique visitors.

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Spacex wins huge CRS contract from NASA

SpaceX and Orbital Sciences Corporation have been awarded the lucrative Commercial Resupply Services contract, with SpaceX (Space Exploration Technologies Corp.) earning 12 missions, and Orbital winning another eight missions.

The details of the award - worth up to 3.5 billion dollars - equates to Orbital winning 54 percent of the funding. PlanetSpace Inc lose out on the award.

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GAZILLION DEBUTS WITH MARVEL, LEGO ONLINE GAME DEALS

Millions of movie fans who thrilled to the exploits of Iron Man and Hulk may soon be able to interact online with these Marvel Entertainment superheroes, thanks to a Silicon Valley startup making its premiere in an escapist industry that seems to have escaped the global recession.

San Mateo-based Gazillion Entertainment, previously known as NR2B Research, announced deals with both Marvel and Lego as it came out of stealth mode late Monday as a new entrant in the lucrative market of so-called "massively multiplayer online" (MMO) games.

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Latest News

SpaceX Scores A Satellite Success
Malaysian Satellite Launched Into Orbit - A First For Upstart Rocket Company

Quantcast Takes Top Place In Always On’s Global 250
Web metrics firm Quantcast was named the overall winner of AO’s Global 250 Top Private Companies.

2009 TechFellow Award Winners
Founders Fund and TechCrunch announced winners of first annual TechFellow Awards.

Slide, Palantir Named Among Top 50 Startups
BusinessWeek named its 50 startups to know for 2009, and Founders Fund portfolio companies Slide and Palantir made the list.

Facebook Names First Class Of fbFund REV, Its New Incubator
Facebook has just announced the 20 final winners of the latest round of fbFund.

Yammer Tops TechCrunch
Yammer's brilliant business model earns work microblogging service top place at the TechCrunch 50.

Quantcast Hustles to Lead Web Video Measurement
Web metrics upstart Quantcast is making a play to take a leadership position in the still unsettled market for measuring online video

Collaborative Drug Discovery Receives Gates Foundation Grant
Collaborative Drug Discovery, Inc. (CDD) today announced that it has received a grant for $1,896,923 from the Bill and Melinda Gates Foundation

SGN's iPhone success is an important step toward social gaming unification
Social game maker Social Gaming Network (SGN) found out the easy way that there is something to gaming on the iPhone

SpaceX Successfully Launches Falcon 1 to Orbit
Space Exploration Technologies Corp. (SpaceX) announces that Flight 4 of the Falcon 1 launch vehicle has successfully launched and achieved Earth orbit.

Yammer Takes Top Prize At TechCrunch50
Three jam-packed days, and 52 startup demos later, we finally have a winner for this year's TechCrunch50.

SpaceX Receives $20 Million Investment from Founder's Fund
SpaceX, a privately-held space launch services provider, has received a $20 million equity investment from Founders Fund, a leading technology venture capital firm, headquartered in San Francisco.

Clickable targets small to medium-sized search advertisers, raises $14.5M
Ads that appear next to search results are one of the most valuable forms of online advertising, because they are matched with users' searches for things they want to buy.

Microsoft Confirms Powerset Acquisition
As was first tipped last week, Microsoft ( NSDQ: MSFT) has confirmed the acquisition of semantic search engine Powerset.

Causes Reports On Its First Year - $2.5 Million For 20,000 Charities And Non-Profits
Causes, a Facebook and MySpace application that promotes viral donations of time and money to charities and nonprofits, launched a year ago.

Quantcast closes $20 million series B with Founders Fund, Polaris Venture Partners
Investment Focused on Scaling Rapid Adoption of Company's Audience Measurement Solution

Slide takes $50 mln in funding amid Facebook craze
Social network software maker Slide Inc said on Friday it had closed a $50 million institutional financing round.