Diary of a Madman

Friday, July 29, 2005

MySpace's Dirty Little Secret

MySpace is no longer owned by Intermix, it is now owned by News Corp (Fox). It is becoming part of their "Fox Interactive Media unit."

Rupert Murdoch purchased the California based company for $580 Million cash. Many users worry that MySpace will change being under the control of a Corporate Giant (not to mention a conservative giant) such as News Corp, though this is not so says CEO "Tom". He states that he is still in control of the company and that MySpace will not change, that this will help MySpace grow.

Rupert Murdoch has more in his sights than just MySpace, he may also purchased P2P Messaging company Skype. Skype provides users with Internet Telephony/Instant Messaging/File Transfer capabilities (from the creators of Kazaa).

Rumors have it that Skype may be going for as much as $3 billion. Whether or not they are purchased by Rupert or someone else, Skype will be sold soon.

1 Comments:

  • Just another way Fox is going to get their crappy news... copying from people that are doing THEIR job. Idiots.

    By Anonymous Anonymous, at 7/31/2005 09:50:00 PM  

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