Google.. wow.. google runs the internet lol.. 900 mil is a lot. Didn't fox just buy it last year for only 450 mil? If I'm not mistaken.
myspace resource sites will ALWAYS be in demand, as long as myspace exists. There are inifinite and limiteless creative ideas for designing one's profile. However, the idea IS becoming saturated with more and more of these resource sites existing, and it will be harder to make money from them.
They bought intermix which owned Myspace for 540 Million last year. Google should of just bought the company last year for $600 million and saved themselves 300 million
Yes, they could have bought the company, but then they would be moving outside their area of expertise -- i.e., something Amazon did a long time ago and are suffering for now. This was a great move for Google on several levels because they expand their reach for the advertisers (i.e., us). They also maintain the focus of their core business which is search and advertising. The other services that Google has added over the past few years all focus on expanding technology services for their users so IMHO they are still on track.