How Facebook, Twitter & others crushed Myspace

Myspace, once the darling of the social networking, is facing a severe competition from the likes of facebook, twitter & others. As you can see in the chart, unique visitors is going down.There is also rumors of Myspace sale, though no official word is out. Myspace was purchased by the news corp. Facebook is having a member base of 600 million now & it is aiming towards the 1 billion mark. Is there a better road ahead for Myspace..?

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