Content about Online social networking

Something is wrong on Wall Street.

The whole financial community is aflutter over Facebook shares, which stumbled out of the blocks as a publicly traded company last month.

But that’s not the problem. The problem is that the company’s market capitalization is completely out of whack with acceptable notions of corporate significance and meaningful contributions to society. The value of Facebook shares multiplied by the number of those shares is — at last tally — an amazing $87.33 billion.

Just when you felt comfortable marketing your business on Facebook, here comes Facebook Timeline.

A Facebook posting from Dave’s Ace Hardware of Milton, Wis., had this to say about the new twist in social media: “The Dave’s Ace Hardware page has been automatically converted to Timeline. What used to be my comfortable and familiar refuge has now been reduced to a foreign and stressful exercise. This is going to take me some time to get used to.”

DiggersList.com is taking a new approach to engaging shoppers and sellers, reminiscent both of business sites and social networking sites. In June, the online home improvement classified introduced a new program, offering a combination of features, which it says are similar to those found on Facebook, Twitter and Groupon.