As reported yesterday by Kevin Allison in the Financial Times, Facebook has, for the first time, grown faster than MySpace. According to the article, during the month of May, Facebook had 123 million unique visitors, which was 162% more than Facebook had in May of 2007. MySpace only grew 5%, with 114.6 million more unique visitors. These measurements were taken by ComScore.

This is the first time Facebook has taken a significant lead in growth, but it comes with shakeups in the management. Both Adam D’Angelo, the Chief Technology Officer and Matt Cohler, the person in charge of product development, departed from the company. However, when it comes to active users, MySpace still dominates with 110 million while Facebook only has 80m users.