Eminent Style

With a reported 230,000 signups a day MySpace is more than just an internet phenomenon, a phrase that is banded about far too lightly these days. The social networking site started in back in 2003 by Tom Anderson, has grown to such an extent that it was acquired by Rupert Murdoch’s News Corporation for a figure in the region of $580 million in 2005 and the 100,000,000 user signed up in August 2006. A figure thought of as inflated at the time, the current valuation is considered to be nearer a cool $1 billion!