MySpace Buys iLike
MySpace has confirmed that they are purchasing iLike. Why? We don’t really know either. Seems like they should be investing more money in their site’s infrastructure to make the painfully slow-loading site more efficient. But, they may feel the need to somehow score some media love instead of watching Facebook get all the action.
According to ramblings by MySpace CEO, Owen Van Natta, the deal includes various stipulations to ensure that iLike’s key technology players remain with the company including Ali and Hadi Partovi.