An Internet analyst for a major Wall Street firm argues in a new report that Google Inc and Amazon.com Inc will be long-term winners, while Yahoo and IAC InterActiveCorp fall by the wayside and eBay Inc becomes a merger target.

Sanford C Bernstein analyst, Jeffrey Lindsay, argues in a 310-page report entitled “U.S. Internet: The End of the Beginning” to be published on Tuesday, that Google and Amazon are best placed to withstand the current economic downturn.

“We expect two players to continue to perform strongly, Google and Amazon,” Lindsay writes. “Both Google and Amazon.com are still racking up annual growth rates in the 30-40 percent range, with only a relatively modest slowdown in sight.”

Lindsay repeats his previous positions that Yahoo eventually will be sold to Microsoft Corp and that Barry Diller’s IAC e-commerce conglomerate will go ahead in August with its five-way split-up, as planned.

“Arguably the weakest players have strayed furthest from their original competences and have been operating largely as conglomerates,” says Lindsay, of Yahoo and IAC. However, in the short-run, Lindsay believes Yahoo will see gains if it reaches a deal to turn over some part of its search advertising sales to Google to run or if Microsoft resumes acquisition negotiations.

He argues that eBay “could potentially attract a Microsoft-like suitor in the future,” especially if growth in its core auctions business fails to resume and because eBay could spin off its PayPal or Skype units to make a deal work.

Now a days, people are getting interacted or communication with others through online by some social networking sites. In these sites anybody can meet there old friends, relatives and also they can share their ideas on their personal interests. Some of the famous social networking sites are Orkut, facebook, classmates, hi5,myspace, tagged.com, wayn etc.
Orkut was developed by Orkut Buyukkokten and run by goggle. There are around 67,000,000 registered users. It used mainly in India, Brazil.