Saturday, February 23, 2008

Social slowdown hitting Piczo hard | Tech news blog - CNET News.com

A couple data points doesn't make a trend, but...

Life is getting more difficult for social-networking sites.

At the same time Facebook's traffic appears to have reached a plateau, News.com has learned that Piczo, a networking site that caters to teenage girls and was much written about in 2006, has seen layoffs, executive departures, high employee turnover, and a shrinking audience in the past five months.

Social slowdown hitting Piczo hard | Tech news blog - CNET News.com

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