Feeds

MySpace shoehorns its way into Facebook with iLike buy

That's the way, iLike it

3 Big data security analytics techniques

MySpace has gained control of social music technology used on Facebook and other rival sites by acquiring iLike in a deal reported to be valued at $20m.

“The iLike acquisition advances our relentless pursuit of innovation and the need to create new distributed social experiences in music and beyond,” said MySpace CEO Owen Van Natta in a statement yesterday.

“We are deeply committed to bringing world class talent into all areas of the company and this acquisition demonstrates our focus on this objective.”

Seattle-based iLike is a popular music app used by many Facebook time wasters to boast about what music they're listening to.

The Web 2.0 company, which claims 55 million users, was founded by brothers Ali and Hadi Partovi in 2006 with $16.5m in venture capital garnered mostly from Ticketmaster Entertainment Inc.

iLike is expected, under the agreement, to retain its management team.

News Corp-owned MySpace will now be able to allow its users to share not just songs, but also videos, games and other entertainment away from the increasingly forlorn-looking site.

Facebook is the world's biggest social networking site and iLike is it's most popular app. So it's not clear what the future holds for profit-lite iLike now that it is being bought by Rupert Murdoch's gang.

Presumably, Facebook will be keen to elbow iLike, which is the firm's default music player, out of the way. All of which could open doors for, say, Last.fm or even Spotify to slip into the driving seat... bitch. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.