MySpace acquires iLike

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. --------