Microsoft social-networking licensee on the rocks? Mary-Jo Foley reports

High-profile Microsoft-technology licensee Wallop may be calling it quits, at least on the social-networking-platform side of its business. I have been studying different social-networking sites extensively the last few weeks and I have to say that this space is overly crowded. There are lots of players and eventually things have to consolidate or some might go out of business due to non-existent business model. I am sure that we will see things happen in the next year or so. The unfortunate thing is that this could really disrupt lots of social networking sites especially if the vendor has hosted them.

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