BALTIMORE SUN -- June 4 -- Last fall, MySpace.com's were spending less time on the site as upstart Facebook. Facebook's initiative last May to invite developers to create entertaining features for its users was an instant success: It spawned what has been dubbed "the Facebook conomy."  "Facebook awoke the sleeping giant," said social networking expert Joseph Smarr, an engineer for online address book Plaxo. About 1,000 new applications created for MySpace in the past two months by more than 10,000 developers have helped keep MySpace's 117m users on the site longer.

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