MySpace is rumored to be purchasing Flektor, a new startup that allows users to create widgets from photos, video and text, TechCrunch is reporting.
The news comes on the heels of MySpace's deal to buy Photobucket last week for $250-$300 million. The acquisition of Flektor is reported to be a smaller deal worth between $10-$20 million.
The deal could have negative implications for similar sites such as
"MySpace has made it abundantly clear that it is happy to pull the plug on widgets that lose its favor. If a Slide or RockYou try to push more advertising, and compete head-on with one of MySpace's new properties (Photobucket, and potentially Flektor),
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