Facebook wants in on the game and the huge potential market.'She explained that there are two-and-a-half billion 'unbanked' adults across the globe and so the potential market is huge.
Though social networking sites like Facebook and My Space have come under fire in recent years as havens for sexual predators, incidents of predators actually contacting teens through these sites are less prevalent than media reports might suggest, according to a study released this week.
"Between June and October 2007, we conducted over 400 interviews with police about Internet-related sex crimes
and we have yet to find cases of sex offenders stalking and abducting minors on the basis of information posted on social networking sites," report authors said.The relationship analysis and phrase material have to add up before a Facebook employee actually looks at communications and makes the final decision of whether to ping the authorities.Facebook is reportedly notifying users of its popular app that they will no longer be able to send 'chat' messages and will instead have to swap to Messenger, which was launched three years ago.My Space made its debut in February 1999, while Facebook was made available to college students in February 2004 and to the general public in September 2006.Kids with social networking sites are "no more likely than other youths online to have uncomfortable or scary contacts with unknown people," the report said.