The three-day conference, which ends on Friday, focuses on the issues of social networking and creating new ways to communicate using the technologies and sources that internet provides. Rupert Murdoch, an Australian American global media executive and the controlling shareholder, chairman and managing director of News Corporation, based in New York, announces that his expectations about social networking were exceeded by the results they faced today. According to JORDAN ROBERTSON, AP Technology Writer’s article, Murdoch announces that: “We hoped it would do very well, but we never imagined it would do this well.”The prognoses are so much optimistic that DeWolfe and the co-founder Tom Anderson agree to have contacts with the company for 2 more years.
According to the statistics the number of users of MySpace, after adding it to the ownership of Rupert Murdoch, has increased, and doubled from 90 million to 188 million.
“This week, MySpace made a series of announcements signaling the expanding scope of the Web site, including a deal with eBay Inc.'s Skype division to allow free member-to-member voice calls over the Internet and one with Sony BMG Music Entertainment to allow users to post artist videos and music on the site.” admits Jordan Robertson.
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