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Once a dominant social network along with Facebook and Myspace, the social gaming site has been acquired by Tagged for an undisclosed amount.
A decade ago, the social-networking world was a very different place than it is nowadays, with several contenders for the crown. Most didn't make it, but Facebook did.
The social network-turned-gaming site has modified its APIs so that applications built on Facebook's platform can be transported over with minimal developer muscle.
Social network continues its conquest of the planet, taking over Brazil from Google in the last year, according to Vincenzo Cosenza's World Map of Social Networks. China and Russia remain the major populations resisting Facebook.
Webware 100 winner: Hi5
New initiatives, including a standalone gameplay site, give the social gaming company some independence from Facebook. But it's not cutting the cord just yet.
Much like Facebook's, the Hi5 gift shop allows members to give one another virtual items for a fee. A total of 36 gifts, many with a Latin American cultural bent, are available at launch.
The social network is now available in several Spanish dialects as well as Danish, Slovakian, Hindi, and a number of others.
Most Web 2.0 companies still think they need to go it alone on open-source IT. Hi5 just demonstrated why they're wrong.