And, so, the online media wars continue.  .  .  . Just as “Video Killed the Radio Star” in the ‘80s, so “the Internet Killed Print Media” in the 00’s. Or, so it seems. Yet media mogul, Rupert Murdoch, has unveiled his vision of an apps-only news source which he thinks will challenge this trend and cause readers to turn to their ‘readers’ for their daily dose of news, rather than to online news aggregators like Google News and Yahoo! News.

FaceMash.com For Sale on Flippa

If you have seen the Facebook movie ‘The Social Network’ then you know that Facebook founder Mark Zuckerberg’s first version of a social site was FaceMash.com. The site built overnight when his girlfriend left him, featured two side by side photos of Harvard undergrads that you could vote on. You were voting which one was better looking. It took off and crashed the Harvard network within one night of release.

MySpace Searches for Ad Revenue

With MySpace losing customers at a 13% pace over the past 52 weeks, they now face the difficult task of selling their advertising space to one of the big ad networks. Their last deal was made in 2006 with Google for $900 over the course of four years. But since then, their viewership has eroded as Facebook has overtaken the social web space. They currently in talks with Google, Microsoft and Yahoo but will most likely receive a significant reduction in revenue for this contract compare to the last one.