3 :: MySpace
MySpace, once the world's largest social network, died a long time ago. It will be buried soon. News Corp is looking for a buyer this year for as little as $20 million after paying $580 million in 2005. MySpace held the top spot among social networks based on visitors from mid-2006 until mid-2008, when it was overtaken by Facebook. Its audience is currently estimated to be less that 20 million visitors in the US. News Corp has hinted it will close MySpace if it does not find a buyer.
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