Because Facebook is the largest, fastest-growing network in the world, a big question is what other social networks are going to do to compete. Hi5, with approximately 60 million monthly unique ...

Social network Hi5, founded in the San Francisco Bay Area but most influential in Latin America, announced Monday that the application program interface (API) for its developer platform is now live.

Hi5 took a hard hit today: It laid off around half of its 100-person staff after potential funding fell through. But its plan for a comeback — making money through virtual goods — is moving forward.

This story was written by Joseph Tartakoff. Social network hi5, which laid off half of its staff earlier this month after it was reportedly unable to raise additional capital, has hired Bill Gossman ...

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