MySpace shrinks as Facebook, Twitter and Bebo grab its users | Technology | The Observer
http://www.guardian.co.uk/technology/2009/mar/29/myspace-facebook-bebo-twitter
the notoriously fickle internet, where today's cultural icon is tomorrow's passing fad.
Bebo is big in the UK undermining MySpace's dominance. FB and Twitter are contributing as well.
MySpace is struggling to keep up with its burgeoning rival, Facebook. It is now only half the size of Facebook and shrank by 2% in February while Facebook increased its user base by over 16%.
The "Place for Friends" is starting to feel lonely. MySpace, the Rupert Murdoch-owned website once synonymous with social networking, is losing popularity and key staff in its biggest troubles since launching five years ago. Latest figures show that Murdoch is being beaten in the fight for social networks. MySpace suffered a drop in visitor traffic last month and is now less than half the size of its younger rival, Facebook.
The "Place for Friends" is starting to feel lonely. MySpace, the Rupert Murdoch-owned website once synonymous with social networking, is losing popularity and key staff in its biggest troubles since launching five years ago.
Staff quit social networking's former darling, now half the size of Facebook. The "Place for Friends" is starting to feel lonely. MySpace, the Rupert Murdoch-owned website once synonymous with social networking, is losing popularity and key staff in its biggest troubles since launching five years ago. Latest figures show that Murdoch is being beaten in the fight for social networks. MySpace suffered a drop in visitor traffic last month and is now less than half the size of its younger rival, Facebook. Three executives recently quit the one-time darling of the internet and there is speculation its co-founders will follow. MySpace's loss of status as the cool place to be is an object lesson in the notoriously fickle internet, where today's cultural icon is tomorrow's passing fad. From humble origins in 2003, the site led the so-called "Web 2.0" revolution in which users could create their own profile pages and share content with friends. Murdoch's purchase of MySpace for $580m was seen