The Deal
Saturday, November 21, 
11:43 pm

MySpace teams with Google for more social Web

Posted on December 9, 2008 at 4:33 PM
Filed under: Corporate Strategy | Joint Ventures and Alliances | Trends
Tagged: , , , ,
[ Share ]  [ E-mail ]  [ Leave a Comment ]
MatrixOnlineIdentityBig.png MySpace Inc., a unit of Fox Interactive Media Inc., is trying to joint venture its way past Facebook Inc. in the race to provide millions of users with a universal Web identity. By partnering with Google Inc., MySpace wants to create a more social Web, enabling its users to share information they gather while trolling other sites. For example, a MySpace user who visits a shopping site could log in with his MySpaceID, see what items on the site his friends had bought and publish his holiday wish list to his MySpace page, one report said.

Of course, Facebook isn't ceding this potentially profitable space to its rival. It has also unveiled a service to connect its users -- aptly named "Facebook Connect." The AP noted that by extending their networks on to other sites, Facebook and MySpace also could emerge as more alluring marketing vehicles, particularly as they glean more information about the interests of individual users. The story also said Google is interested in tapping into the advertising potential of social networks, and MySpace already relies on Google to sell some of its ads, so the companies are natural allies.

In related news, MySpace announced it was teaming up with Vodafone Group plc and Netvibes to use its MySpaceID service. "Six months ago we publicly launched the first solution to empower social networking users to take their identity around the Web," said Amit Kapur, COO of MySpace, in a statement. "Since then the developer community has been steadily rolling out new implementations to leverage this technology -- we've been listening to their feedback and enhancing the product along the way." - Baz Hiralal


Join Corporate Dealmaker's LinkedIn forum

Comments
Post a comment


Search


Search For

Corporate Dealmaker Video


Deal Economy 2010: Avaya's Ali on digesting Nortel

Avaya Inc.'s Mohamad Ali on the company's next target.
Decade of The Deal


Movers & Shakers


Juergen Lasowski
Onyx Pharmaceuticals Inc.

Edward Swallow
Northrop Grumman Corp.

Owen Mahoney
Outspark

Alice Kim
FLO TV Inc.

Eric Hausler
Isle of Capri Casinos Inc.
Juergen Lasowski, Onyx Pharmaceuticals Inc.
Edward Swallow, Northrop Grumman Corp.
Owen Mahoney, Outspark
Alice Kim, FLO TV Inc.
Eric Hausler, Isle of Capri Casinos Inc.


COMPLETE MOVERS & SHAKERS ARCHIVES

The Magazine


MACDdec1cover.gifAnd the winners are...
Even in a period when things like toxic credit default swaps and noxious structured investment vehicles dominate the conversation in many parts of the deal community, people are still willing to take the time to recognize skill and achievement in the strategic transactions that help those companies adapt and grow.
View the complete issue


Last Issue
Archives
Suggest a topic
Purchase a reprint
Subscribe to The Deal


Monthly Archives


Syndicate

Contributors

footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.