The musings of an IT Consultant

Jun 30 2011   8:23PM GMT

MySpace is sold



Posted by: Raj Perumal
Tags:
Facebook
MySpace
News Corp
sale
sells

Hi folks! So another social networking social site has been sold. News Corp finally decided to sell MySpace. They sold it for much less than they bought it for.

This is no big surprise, since Facebook currently rules the roost. Not to say that MySpace didn’t have it’s place. It helped kick off the social networking era. MySpace will probably go the way of the dodo and if RIM isn’t careful they will follow in MySpace’s footsteps.

People love the Facebook experience and if other sites want to compete, they are going to have to step up their game!

-RP

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