By A Bisht
MySpace is to acquire music service 'iLike'. iLike a popular music discovery service built on Facebook Platform , allows users to discover, listen and share music across social networks. iLike has 55 million registered users.
If rumours are to be believed then MySpace bought iLike at about $20m (£12.4m).
It's intresting to note that ,iLike had reportedly turned down Facebook's offer -- when kept in mind that an estimated 80% of its traffic comes from Facebook.
Interesting Facts:
MySpace is owned by Rupert Murdoch's News Corporation.
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MySpace acquires iLike
MySpace acquires iLike
Mr Bisht
Thursday, August 20, 2009
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