Myspace: The New Poster Child For Internet Firms
Josephine Roque - All Headline News Contributor Internet companies are looking to MySpace.com for inspiration. MySpace.com owes its success to effect...
Internet companies are looking to MySpace.com for inspiration.
MySpace.com owes its success to effectively filling the social-networking needs of teens and young adults.
CNN reports AOL joined the pack recently with its own take on the service.
The MySpace parent company was bought by News Corp. for $580 million.
“MySpace went from being this curiosity to a cultural phenomenon,” Greg Sterling, an industry analyst with Sterling Market Intelligence in Oakland, California told CNN. “People started to think this is a really, really big opportunity.”
Since its 2004 launch, MySpace grew exponentially and ranks as the second most viewed site in the United States behind Yahoo Inc.
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