MySpace Platform Coming

It looks like they were both right: TechCrunch was right in saying that MySpace was planning a it won’t premier this week

MySpace CEO Chris DeWolfe (speaking alongside Rupert Murdoch) announced yesterday that they “are opening our platform in the next couple of months,” according to They use that one in science all the time.)

Naturally, Reuters draws comparisons to Facebook—and Murdoch replied:

“I would say we’re different (than Facebook) and in spite of all the hype we seem to be growing faster,” Murdoch said.

Asked what he thought of . . . a [$15b Facebook] valuation, Murdoch added: “What it really does is it tells you that News Corp is totally underpriced.”

Will their more profitable platform seal MySpace as the dominant social network, or will it simply delay the inevitable?

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