Social Networking (the Shorter Version) Past, Present, Future
Both Sides of the Table
DECEMBER 5, 2010
Murdoch seethed at these “startups getting rich off the back of MySpace. It was: up-market, exclusive, urban, elite, aesthetically pleasing, ad-free and users were verified. In most instances news is now breaking on Twitter and then being picked up by news organizations. MySpace later bought Photobucket for $250 million.
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