from MediaFile:

MySpace in talks to buy iLike for $20m – reports

August 18, 2009

MySpace is looking to buy Web music service iLike for around $20 million according to several blogs. iLike co-founder Hadi Partovi declined to comment when we asked him and MySpace's PR team also declined to share details.

from MediaFile:

Social ‘nets are nice but where’s the money?

May 21, 2008

diller2.jpgBarry Diller likes social networks. He says they function as telephones used to: they help us communicate with each other. But one thing they don't do is make money. Here's what he told the Goldman Sachs Ninth Annual Internet Conference today in Vegas: