my space

Social-networking site MySpace, owned by Murdoch's News Corp., has agreed to acquire Photobucket, the Web's No. 1 photo-sharing service. Before the deal is announced, the two sides must wrap up a few details. Financial terms weren't available, but it is widely known that Photobucket, with 40 million registered users, has been shopping itself in recent months and asking for about $300 million. Late Monday, a Reuters report quoting a source familiar with the deal said a preliminary agreement had been reached for around $250 million.

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the world’s leading online competitive intelligence service, recently performed a study on the market share of Internet visits to the top 20 social networking websites. Between the period of January 2007 to February 2007, traffic grew by 11.5 percent, which accounts for 6.5 percent of all Internet traffic in February 2007.
the greatest increase were Buzznet - up 148%, and iMeem, up 145% in the first month of the year; although, both remain at a less than 1% market share.MySpace was by far the most dominant social networking website with a near 81% market share among the 20 sites. The second and third positions went to social networking sites Facebook and Bebo, with a 10.32% and 1.18% market share, respectively.

my space

Visits to MySpace outpaced those to any other website in January, . The top-20 social networking websites account for 6 percent of all Web visits, making them competitive in popularity with the Web's other top pulls -- adult sites, e-mail, entertainment, search engines, finance, and shopping.It's too soon to know whether today's MySpace users will continue to use social networking websites as marriage, mortgages, and other real-life events begin to distract them from their virtual friends, but as users of all ages go online, MySpace has spawned dozens of clones targeting specific ages or interests

myspace

Popular online network MySpace.com will find it tough to win the kind of following it has on US college campuses as it expands into Asia. Like foreign Web brands before it, including South Korea’s Cyworld and Yahoo! Days, MySpace — which lets members look up friends’ blogs and songs posted by their favourite artists — may find its global label counts for little beyond its home market

my space

Universal Music has filed a suit against social networking site MySpace for violating copyrights of artists Universal represent.Universal, a division of Vivendi Universal, filed the complaint against MySpace, a unit of News Corp, in the federal court in Los Angeles, where News Corp and MySpace are located, MySpace spokesman Jeff Berman said. MySpace hosts thousands of personal web pages and diaries that carry text, video and sound features, defended its content on Friday, noting it is a free website and that it makes efforts to abide by the US Digital Millennium Copyright Act.

MySpace

The News Corp owner social network and blogging service MySpace now has 45.5 million users and is growing by an amazing 160,000 new users a day, according to MediaPost. In the US, one in five internet visits in September was to a top 20 social-networking sites.MySpace received over 80% of visits to those social-networking sites.YouTube’s growth continued to be border on the steroid-induced side, with 249% growth from March to September.

my space

MySpace is trialling a content filtering system that can identify copyrighted material on its site. The move follows a lawsuit against MySpace filed by Universal Music in November in which the record label claimed MySpace had infringed copyright by allowing its 90m members to upload music videos. MySpace rival YouTube has yet to install a digital fingerprinting system on its video-sharing site.

my space

Visits to MySpace accounted for nearly 12% of all time spent online by US Internet users in December 2006, according to Compete Inc. The firm's December 2006 Internet traffic data put US Internet user time spent at MySpace over other sites including eBay, Google, AOL and YouTube. Yahoo! came in second, accounting for 8.5% of time spent online by US Internet users.The amount of time spent at MySpace suggests that people are leaving the site open during the day to see when new instant messages or e-mails arrive from friends.MySpace.com is the most popular social networking site on the Internet with more than 140 million members worldwide. It's free, easy to use and everybody is invited to join. It seems like fun. That's why so many teenagers post their profile on the Web. Thousands of pictures of teenagers, their names and addresses, where they go to school, their personal interests laid out openly for everyone to see. Anyone, including predators, can use the profiles like an online color catalog.

my space

The Chinese market is already home to 137 million Internet users, most of them under age 30. News Corp.'s MySpace is the champion of reaching youth and making money from user-generated Web content.The exact size of the stake MySpace might take in the China venture remains in flux, according to the people with knowledge of the talks.Almost every other international Internet company that has tried to move into China has stumbled over an obstacle course of management, regulatory, and competitive challenges. After years of struggling on their own, Yahoo Inc. and eBay Inc. have both handed over their Chinese operations to local companies. Google Inc., which hasn't, is far behind local competitor Baidu.com Inc. in market share, despite a big push into China in the last year

my space

The families of five abused teenagers in America are suing the social networking website MySpace, claiming that it did not do enough to protect their children.
They are seeking millions of dollars in damages after the teenagers were approached by sex offenders on the site .MySpace, which is now the world's biggest website, responded by saying that parents should monitor their children's internet use. "MySpace serves as an industry leader on internet safety and we take proactive measure to protect our members," said Hemanshu Nigam, the company's chief security officer.

MySpace gives parents a bit of access

The online hangout MySpace.com has been quietly developing software designed to give parents the bare-bones of what their kids are doing on the site.The tool, which will alert parents of the user name, age and location a child lists on personal MySpace pages known as profiles, is designed to spark conversations about Internet safety.But it is also meant to give kids enough room to maneuver lest they flee to rival social-networking sites.Unlike third-party monitoring software available for sale, the free MySpace tool won't let parents see their kids' password-protected profiles or any communications they have with friends.MySpace, which announced the initiative Wednesday after the Wall Street Journal reported on its existence, expects the software now known as Zephyr will be available this summer.Parents, school administrators and law-enforcement authorities have been increasingly warning of online predators at sites like MySpace, whose youth-oriented visitors are encouraged to expand their circles of friends through messaging tools and personal profile pages.