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Fox to Purchase Myspace

jagger writes "News Corp announced on Monday that it has bought Intermix Media, owner of the popular MySpace.com social networking site, for $580 million. This follows an announcement by News Corp on Friday that it is creating an Internet division to hold the company's sports, news and entertainment sites." Update: 07/19 2:40EDT by C :Sorry about the copy errors, folks. They have been fixed.

12 of 317 comments (clear)

  1. Nice job editors... by Anonymous Coward · · Score: 3, Insightful

    Do you even READ these articles?

  2. Fox owns me? by krautcanman · · Score: 3, Insightful

    I typically don't have anything wrong with Fox, but to allow them access to my personal information? I don't think so...

  3. A new low for Slashdot editors by mOoZik · · Score: 4, Insightful

    What the hell is it that you guys are responsible for, anyway? Obviously you don't check for dupes, spelling, grammar, relevance of links, and now, you don't even check to see whether or not the blurb even makes sense and if the links therein are functional! It's like watching the Roman Empire of tech/OSS sites crash and burn...

  4. Nice post, Zonk! by TopShelf · · Score: 1, Insightful

    jagger writes "a href="http://news.bbc.co.uk/1/hi/business/4695495. stm">News Corp announced on Monday that it , owner of the popular MySpace.com social networking site, for $580 million. This follows an announcement by News Corp on Friday that it is creating an Internet division to hold the company's sports, news and entertainment sites."

    How do bad links get posted on the main page like this? Isn't the subscriber preview feature supposed to help weed out these things?

    Being a /. editor has got be the easiest gig on the web. Just copy, paste, post, and...

    wait for it...

    PROFIT!

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  5. Wow by TFloore · · Score: 1, Insightful

    There are so many things to say here. I'll start with

    This sentence no verb.

    But that's okay, I think it was missing an object too.

    This entire story is going to be nothing but well-deserved bashing of Slashdot editors.

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  6. Re:Why haven't I heard of the 5th most popular sit by garcia · · Score: 2, Insightful

    OMG! I don't know about something. How is this possible? I am garcia! Knower of all there is to be knowed.

    Why would a site that's nothing but bullshit be the 5th most viewed site on the web? I would think that as a regular Internet surfer I would be able to easily rattle the top 5 sites off w/o hestitation.

    If anything, I wasn't bragging, I was surprised that some apparently crappy site was so popular.

    Thanks for the troll though.

  7. Re:Why haven't I heard of the 5th most popular sit by MrPerfekt · · Score: 4, Insightful

    Perhaps you've not heard of the "Social Networking" catagory?

    The point is you have a large site with thousands and thousands of members and then have those members "mingle" with each other and prominately display their connections.

    Yes, it is a bit high school.. but the reason why it's the fifth most popular site: because it's huge among high schoolers.

    But it does serve it's purpose I guess. Now, if only they could a) afford decent programmers and b) stop loading the site up with flash animations that suck my cpu dry.

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  8. Re:Why haven't I heard of the 5th most popular sit by garcia · · Score: 2, Insightful

    Maybe, just maybe it's not 'nothing but bullshit'? Perhaps there are sites out there that offer services that you don't like. Imagine that.

    You would think that Google, Yahoo, MSN, CNN, and any other major news site would attract a TON more traffic than myspace.com.

    I would also think that you would somehow be linked there frequently by friends, search engines, or news stories. It surprises me that as the 5th most viewed site on the web I have never had Google tell me to go there when searching for "foo".

    It has nothing to do w/me liking the site or not.

  9. 580,000,000 dollars by RTSKABJ · · Score: 2, Insightful

    how do they plan on making it back?

  10. high schoolers by ChrisBennett · · Score: 2, Insightful

    It's the most popular site for older guys trying to get younger high school girls.

  11. Re:Netcraft by ferat · · Score: 2, Insightful

    www.slashdot.org is 587.
    slashdot.org is 35.

    Wonder where /. would rank if both were combined.

  12. Re:That garbage worth 580 million dollars? by Sloppy · · Score: 2, Insightful
    Are you telling me that PHP garbage is worth half a billion dollars?
    Hey, I actually use MySpace, and I wish it were as fast or reliable as random PHP garbage. MySpace's only strength is a consequence of Metcalf's Law: there are a lot of people on it. But it flakes out all the time, it's slow, and you have to turn on Javascript because MySpace's creators have forgotten how to hyperlink.
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