What in the world happened to MySpace? Did Robert Murdoch make a bad investment when he purchased MySpace for 580 million dollars in 2005? At one point, people were referring to MySpace as a potential Google killer. Wow – how fast things change.
I never had a MySpace account but dabbled with Q Cafe’s MySpace account and wasn’t impressed. But recents news [shared below] via the Guardian UK is not news to anyone, right? MySpace – Web 2.0′s darling a few years ago is now less than half the size of it’s younger rival, Facebook, and now officically in decline.
So, here are my questions in an attempt to better understand the fast changing aspect of social media and post Web 2.0.
What happened to MySpace? Will it be around 5 years from now?
We all know that businesses come and go; New trends come and go. But in light of our incredibly fast changing world especially via technology Read the rest of this entry »