The Internet was built on freedom of expression. Society wants someone held accountable when that freedom is abused. And major Internet companies like Google and Facebook are finding themselves caught between those ideals.

A new application known as Buxter has provided a means for friends on Facebook to send small payments directly to each other.

Earlier, Gen Y didn’t mind working late. Because they had access to networking sites like Facebook, Twitter, Myspace, Orkut and chat messengers.

The Pentagon announced on Friday it has authorised the use Twitter, Facebook and other so-called "Web 2.0" sites across the U.S. military, saying the benefits of social media outweighed security concerns.