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MySpace.com is a social networking site which consists of relationship maps between individuals, indicating the ways in which they are connected through various social familiarities ranging from casual acquaintance to event functional networking to close familial bonds. The analysis of social networks (sometimes called network theory) has emerged as a key technique in modern sociology, anthropology, Social Psychology and organizational studies, as well as a popular topic of speculation and study. Research in a number of academic fields have demonstrated that social networks operate on many levels, from families up to the level of nations, and play a critical role in determining the way problems are solved, organizations are run, and the degree to which individuals succeed in achieving their goals. Social networking also refers to a category of Internet applications to help connect friends, business partners, or other individuals together using a variety of tools.

Social network theory views social relationships in terms of nodes and ties as indicated in MySpace .com, Friendster or other network websites. Nodes are the individual actors within the networks, and ties are the relationships between the actors. There can be many kinds of ties between the nodes. In its most simple form, a social network is a map of all of the relevant ties between the nodes being studied. The network can also be used to determine the social capital of individual actors. These concepts are often displayed in a social network diagram, where nodes are the points and ties are the lines.

The shape of the social network helps determine a network's usefulness to its individuals. Smaller, tighter networks can be less useful to their members than networks with lots of loose connections (weak ties) to individuals outside the main network. More "open" networks, with many weak ties and social connections, are more likely to introduce new ideas and opportunities to their members than closed networks with many redundant ties. In other words, a group of friends who only do things with each other already share the same knowledge and opportunities. A group of individuals with connections to other social worlds is likely to have access to a wider range of information. It is better for individual success to have connections to a variety of networks rather than many connections within a single network. Similarly, individuals can exercise influence or act as brokers within their social networks by bridging two networks that are not directly linked (called filling social holes).

The power of social network theory stems from its difference from traditional sociological studies, which assume that it is the attributes of individual actors -- whether they are friendly or unfriendly, smart or dumb, etc. -- that matter. Social network theory produces an alternate view, where the attributes of individuals are less important than their relationships and ties with other actors within the network. This approach has turned out to be useful for explaining many real-world phenomena, but leaves less room for individual agency, the ability for individuals to influence their success, so much of it rests within the structure of their network.

Social networks have also been used to examine how companies interact with each other, characterizing the many informal connections that link executives together, as well as associations and connections between individual employees at different companies. These networks provide ways for companies to gather information, deter competition, and even collude in setting prices or policies.

The small world phenomenon is the hypothesis that the chain of social acquaintances required to connect one arbitrary person to another arbitrary person anywhere in the world is generally short. The concept gave rise to the famous phrase six degrees of separation after a 1967 small world experiment by psychologist Stanley Milgram which found that two random US citizens were connected by an average of six acquaintances. Current internet experiments continue to explore this phenomenon, including the Ohio State Electronic Small World Project (http://smallworld.sociology.ohio-state.edu/html/homepage.html) and Columbia's Small World Project (http://smallworld.sociology.columbia.edu/). As of 2005, these experiments confirm that about five to seven degrees of separation are sufficient for connecting any two people through the internet.

Websites such as myspacecom promoting the Circle of Friends online social networks started appearing in 2002 when the term was used to describe the means of networking in virtual communities and became popular in 2003 with the advent of websites such as MySpace.com, Friendster, Tribe.net and LinkedIn. There are over 200 social networking sites, though Friendster is one of the most successful at using the Circle of Friends technique. The popularity of these sites rapidly grew, and major companies have entered the Internet social networking space. For example, Google launched orkut on 22 January 2004.

In these communities, an initial set of founders sends out messages inviting members of their own personal networks to join the site. New members repeat the process, growing the total number of members and links in the network. Sites then offer features such as automatic address book updates, viewable profiles, the ability to form new links through "introduction services," and other forms of online social connections. Social networks can also be organized around business connections, as for example in the case of ReferNet or Shortcut.

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