MySpace goes Mobile
Monday, September 24th, 2007
MySpace has revealed plans to create a mobile version of their online social network. It will be free for users through advertising by Fox Interactive Media and Millennial Media. At first advertising will be limited to Fox but should be opened to others by the end of the year.
Here is a quote from a Financial Times interview:
“Accessing the Internet from a mobile phone will soon be as common as text messaging and voice calling, and it’s FIM’s goal to deliver these new free, ad-supported experiences as additional options for our users on top of our incredibly popular premium mobile services,” said John Smelzer, Senior Vice President and GM of Mobile for Fox Interactive Media.
As Mr. Smelzer suggests, mobile phones will help people be more connected to their Space by sending and receiving MySpace messages and friend requests; commenting on pictures and profiles; posting bulletins; updating blogs; finding and searching for friends; and viewing or changing mood status.
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Last May, it was speculated that Google would buy China’s primary portal,
“This partnership leverages the strong offerings of two Internet powerhouses to provide Internet users in China [with] a better overall experience,” Sina’s chief executive officer Charles Chao said in a statement. 

Yesterday
DoubleClick was founded in 1996 and revenue is currently around $300 million/year. 10x revenue for a mature internet company seems a bit high to me. However, $1.6 Billion for YouTube seemed too high for a company that has no revenue and a pile of copyright infringement liabilities.
This morning, the smart people at
With
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