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Case study on social graphs developed from social networks

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Discuss social graphs.
The discussion has to be in the following format:

1.Problem Statement

2.Challenges and Opportunities

3.Business Solution

4.Lessons Learned

5.Why Do I Care

6.References

The essay has to basically deal with the relatively new phenomenon of social networking.
Please provide 5 references.Those could be any reputable online sources EXCEPT Wikipedia.Thanks!

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The expert examines the case study on social graphs developed from social networks.

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Case Study: Social Graph
Problem Statement: Facebook has popularized the term Social Graph as the representation of our relationships. These graphs define our family, businesses, or personal life over social websites. However, no individual is satisfied with one Social Graph and hence it leads to inaccuracy of data and more time spent in managing it. The case analyzes why it is important to manage Social Graph from one source despite all challenges associated with it.
Challenges and Opportunities: Today, Social Graph has become a common means of sharing identity with others. But, due to increased prominence of a vast number of social networking sites, individuals are inefficiently duplicating the same Social Graph over different networks as they are forced to add the same contacts to each social network. It leads to inaccurate networks, and inability to control our own data. As this menace continues and individuals join and register over more and more websites, this frustration would increase exponentially.
The ...

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