By our count, there are now more Facebook groups calling for a boycott of BP (356) than there are for bailed-out banks plus the number of Facebook movements demanding we boycott Arizona, or, for that matter, that we boycott those who are boycotting Arizona. With so many BP boycotts to choose from, how do you decide? This handy guide could help.

We may very well look back on yesterday’s Facebook privacy climb-down as a turning point in the very nature and function of social networks. Bowing to public pressure, the social networking heavyweight will introduce in the coming days new privacy guidelines that could very well lead to a whole lot less sharing of our private photos, videos, status updates and favorite links. And yet for such a landmark policy change, nobody seems to be happy with the changes.

Hollywood has defied the global recession, scoring impressive year-on-year box office gains while the rest of the media industry grapples with the uncertainty of getting the public to pay for content. How are the kings of the Silver Screen doing it? For starters, they pay a lot of attention to the little screen you’re squinting at.

The battle for supremacy in the billion-dollar e-reader market keeps getting better and better. For us, anyhow. Now, the Kindle e-book reader is set on providing readers with a new social reading experience that–get this, Jane Austen fans–allows you to share book passages with your friends. Is that enough to silence the iPad buzz?

Who ever said there’s no such thing as a second chance? After a troubling financial year for theme-park operator Six Flags, the company is launching itself out of Chapter 11 bankruptcy protection with a major social media marketing boost. Creditors, can you say social gaming comeback?

Social media marketing may be all the rage in the world of marketing, but the bean counters are not impressed. This is the latest assessment from Razorfish in its annual report on the state of social media. We outline here a few ways to take advantage of this lag in the market and make social media a more cost-effective outreach component.

Farmville, Mafia Wars and YoVille have more than 100 million players combined, making the games creators, Zynga, the new force in gaming.

Activists at Greenpeace have really stepped up their use of social media of late to recruit more and more members of the general public into its various corporate pressure campaigns. Just today, they’ve renewed the fight against BP in its ongoing stop- tar-sands-investment crusade by asking the general public to rebrand BP by redesigning the company’s corporate logo. So far, we’ve seen BP standing for “Bad People”, “Broken Promises” and “Bloody Pillagers”. And those are the tame ones.

Next month’s World Cup has long been hyped as the first “Social Media World Cup,” a moniker that doesn’t quite fit. One sponsor, Yahoo, this week outlined its World Cup plans, replete with fantasy games …

Talkin’ about my generation: recent university grads and other newcomers to the workforce would consider work hour flexibility and Internet access liberty more important than a fat pay check, a new study shows. The question is: will jobs recruiters re-write employment contracts to reflect this new trend?