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http://www.consumerismcommentary.com/2005/07/18/news-corp-buys-the-internet/ -
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I really dont like myspace at all.
personally its a nasty meat market these days. the "kids" love 'em though.
but wow. thats good money. heh. maybe news corp will run myspace to the ground somehow, and the world will be a better place.
did I mention I myspace sucks?
You're buying the membership and the reach, not the site itself... I think that's how companies get around the whole "privacy policy" issue of not selling your info.