Myspace Is So Ten Minutes Ago

August 18th, 2011

Social NetworkFollowing in the footsteps of AOL, Myspace has seriously tanked from its days of glory and has pretty much lost relevance. It had an operating loss of $230 million last year, prompting its parent company to sell it at a mere $35 million (when it was originally purchased for $580 million).

Thanks to Josh for this topic.

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