Myspace has recently gotten wise to the rapidly diminishing market share between themselves and rival Facebook. In an attempt to compete with Facebook you should look for Myspace to unveil a host of new services and features to maintain their lead as top social networking site. One of the new features Myspace has started using is Myspace Top Friend Updates.

Now every time your top friends update their Myspace blog or profile you receive a notice on your own profile. This will no doubt increase the interaction with your top friends and make it easier to see what they’ve been up to.

Now we just need to see what Myspace intends to do with applications and widgets.