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.

Comments

Nice job editors...

[Anonymous Coward]

Do you even READ these articles?

Fox owns me?

[krautcanman]

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

A new low for Slashdot editors

[mOoZik]

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...

Re:Why haven't I heard of the 5th most popular sit

[garcia]

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.

Re:Why haven't I heard of the 5th most popular sit

[MrPerfekt]

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.

Re:Why haven't I heard of the 5th most popular sit

[garcia]

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.

580,000,000 dollars

[RTSKABJ]

how do they plan on making it back?

high schoolers

[ChrisBennett]

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

Re:Netcraft

[ferat]

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

Wonder where /. would rank if both were combined.

Re:That garbage worth 580 million dollars?

[Sloppy]

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.