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The Facebook generation

It looks like the fight to dominate the online social networking scene is fast becoming the Google-Yahoo! scrap of Web 2.0. And it's proving just as fascinating. All eyes were until recently fixed on MySpace, the chaotic DIY hub that went from geeky start-up to a $580m Rupert Murdoch deal in the blink of an eye, becoming the label for an entire generation along the way. It's still not even four years old.

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