The Rise and Fall of MySpace......

Does this settle a discussion we have had many a time...do Social Nets all keep their users in a happy community, or are they fashion items, making and losing friends as their star rises and then falls?

So, Rupert Murdoch was quoted today in the above article (about trying to hive MySpace off to Yahoo):

A News Corp source said that Rupert Murdoch, the company’s chairman and chief executive, remained committed to the internet, although he has conceded in an aside in a recent interview with The Wall Street Journal that the privately owned Facebook was gaining ground. Asked whether newspaper readers were drifting off to MySpace, Mr Murdoch joked: “I wish they were.

They’re all going to Facebook at the moment.”

Clearly he was joking

(We believe they all have a limited shelf life, but we have been in arguments more than once on this one, some with some real supposed Social Media "gurus", we can tell you*)

* but we won't