Facebook vs. MySpace
Posted: December 24th, 2007.
Which of the two is doing better?
Facebook
Opened to all in September 2006. Traffic multiplied six times over since then.
Current user base : 59 million
Projected growth to mid-2008 : 100 million
MySpace
Acquired by NewsCorp for $650 million in 2005, MySpace is now worth over $2.4 billion
Claims 58 percent of the total advertising market in the Social networks arena at $525 million
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