MySpace passed the 100 million users mark almost a year ago. Facebook has about 25 million users.
MySpace is ranked sixth in highest traffic websites. Facebook is the 11th.
MySpace has had a homerun exit. Facebook remains private and independent.
I would not trade Facebook for two MySpaces.
The reason? They are a technology company making an infrastructure move. MySpace is a media company.
And Facebook is kicking MySpace's ass.
FT reports that MySpace will follow Facebook's lead in developing sophisticated APIs and let developers launch apps on MySpace.
MySpace is likely to change its technology strategy to allow other online companies to “plug” their web services directly into its social networking site...
The expected change in approach is a reaction to the success of rival Facebook, which last month unveiled a similar step to open its network to outside developers.
There are now over 65 million apps activated on Facebook; about 2.5 per user. My bet is that MySpace's comparable platform will not be nearly as effective. Because MySpace is a media company.