Facebook: #1 social-networking website

Compete.com has crowned Facebook the most popular social networking website, saying it racked-up nearly 1.2 billion visits in January.

The Internet-tracking firm released social-networking website rankings that show MySpace slipped to second place during the course of the past year while micro-blogging service Twitter catapulted to third place from 22nd.

News Corp-owned MySpace saw approximately 810 million visits in January, while Twitter was visited 54.2 million times, according to Compete.

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