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Posted by: Rob Hof on August 8, 2006

Suddenly, MySpace has a $900 million deal with Google that dwarfs the $580 million News Corp. paid for it. Is there now any doubt that social networks can make money? Now, whether MySpace can continue to keep fickle visitors coming is another question, but I think the business model questions have just been buried.

Reader Comments


August 12, 2006 4:55 AM

Myspace better watch out for Cyworld!


August 14, 2006 6:18 PM

So can this mean YouTube's $1 billion asking price will actually be met? Or is this greed at the height of the revolution?

Shea Forbes

August 28, 2006 3:13 AM

I personal think that myspace is getting boring, I've been a member for some months now and I can't find anything to do on myspace. I mostly visit people pages and read about different things, listen to free music and that's it, but it really doesn't offer people anything. will be a more dramatic scene, and give people the chance to speak about important issues that hunt us daily. It will bring the freedom of speech back. It will help keep drama out of people lives and bring people peace. Visit it and you will see

by Shea Forbes


December 19, 2006 2:00 AM

If you like cyworld or myspace i'd suggest checking out

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Bloomberg Businessweek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, and Douglas MacMillan, dig behind the headlines to analyze what’s really happening throughout the world of technology. Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.



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