Murdoch: Facebook is ‘no concern’ for MySpace

Amusing quote of the day comes from Rupert Murdoch, the infamous man at the helm of News Corp (and therefore Myspace):

He added that arch rival Facebook was not “cannibalising” MySpace’s audience and there was plenty of room in the market for other platforms.

“MySpace is a place for self-expression,” he said.

“Facebook on the other hand tends to be a web utility, similar to a phonebook.”

I think he is right that Myspace and Facebook serve slightly different purposes on the internet. But I get the distinct sense that Facebook is gunning for more MySpace users. If I were MySpace, I’d be concerned.

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