Rupert Murdoch recently said that myspace.com is worth not 6 billion dollars. A lot more that the buying price, some months ago. A lot of money, if you ask me.
MySpace is nice. A lot of traffic, a lot of people. But not really that good of a site. Lots of sex scandals, lots of pervers, lots of pr0n, lots of copyrighted work. The only good thing that myspace did, after being bought, was to offer users an embed player. Why go to YouTube to upload videos when you can do that here? they said. Aside that, nothing.
I have a gloom feeling about all these bubbles, i fear that some day they will crash.