Feeds

MySpace shoehorns its way into Facebook with iLike buy

That's the way, iLike it

Choosing a cloud hosting partner with confidence

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.