Social media reaches all-time high; Facebook is tops

During the first week of September, Facebook captured nearly 58% of visits in the social networking custom category, according to new data from research firm Hitwise.  MySpace — which was the top dog in social networking as recently as May — now trails Facebook significantly with a mere 31% share of the market.Visits to the broader category of 155 social networking Web sites increased 53% during the first week of September year-over-year.