MySpace acquires iLike for estimated $20 million

By Matthew
Aug 19, 2009
  1. MySpace announced today that it is buying social music service iLike for a rumored $20 million. The move is a part of News Corp's strategy to distinguish itself from competitors like Facebook by surrounding its social network with a music-oriented aura. Ironically, a significant portion of iLike's business is with Facebook and other social sites.

    Read the whole story
Topic Status:
Not open for further replies.

Similar Topics

Add New Comment

You need to be a member to leave a comment. Join thousands of tech enthusiasts and participate.
TechSpot Account You may also...