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MySpace Founder Bets on Facebook, But Only for the Next 2 Years
MySpace Founder Bets on Facebook, But Only for the Next 2 Years
It appears that even the co-founder of MySpace is placing his money on Facebook to win the social networking wars–if only for the next couple of years. Speaking to the Sydney Morning Herald , Brett Brewer co-founder of MySpace who sold the social site to News Corp, said:  ...
Facebook's New Terms Of Service: "We Can Do Anything We Want With Your Content. Forever." [Your Rights]
Facebook's New Terms Of Service: "We Can Do Anything We Want With Your Content. Forever." [Your ...
consumerist.com — Facebook's terms of service (TOS) used to say that when you closed an account on their network, any rights they claimed to the original content you uploaded would expire. Not anymore. Now, anything... (more) Facebook's New Terms Of Service: "We Can Do Anything We ...
Quinn Spills Value of Facebook Deal
law.com — SAN FRANCISCO Facebook paid the founders of ConnectU $65 million to settle lawsuits accusing Facebook CEO Mark Zuckerberg of stealing the idea for the wildly successful social-networking Web site, according to a law firm's marketing brochure. Lawyers ... (more) Quinn Spills Value of Facebook Deal
Facebook appraisal pegs company's value at $3.7B
sfgate.com — In a transcript of a June court hearing that was closed to the public, lawyers arguing over a legal settlement revealed Facebook's own appraisal had priced its privately held stock at $8.88 per share, giving it a market value of about $3.7 billion. ... (more) Facebook appraisal pegs company's value at $3.7B
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The Next Two Years Belong To Facebook, According To MySpace Founder
WebProNews Feed — ... Back to Brewer. He believes that both MySpace and Facebook will be obsolete within 2 years, with a challenge likely to come from a social network that does a better job of integrating mobile phone technology. Not sure what to think about that. While I agree that mobile phones are looking set to finally take off as a supplement to desktop computing, I m not convinced that Facebook will be out maneuvered within 2 years. How many times have we heard the same statements made about Google? Comments

Friday the 13th Sees Facebook Hit 175M Active Users
WebProNews Feed — ... , with a recent blow setting its projected overall valuation at $3.7B (down from $15B). Can they find the missing step in everyone s favorite formula to make money from social networks in time to capitalize on their growth? (You know step one: set up a social network. Step two: some magic happens. Step three: profit. ...

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