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Will MySpace Ever Be Cool Again?

Much like a runaway train, the neverending quest for Web popularity doesn't slow down for anyone -- not even MySpace. The once powerful social networking site seems to have tumbled out of its freight car and been left standing on the track, staring at the Facebook and Twitter caboose.

Several folks in the Web industry told CNN they are skeptical that MySpace will be able to rebound from a recent popularity slump. Facebook surpassed MySpace's number of worldwide users in 2008, and everyone, it seems, uses Twitter now. ReadWriteWeb founder and editor Richard MacManus cited search sites Lycos and Excite as precedent examples of forgotten Web sites.

"I guess you could say MySpace is in danger of falling into the same black hole those companies did," he told CNN.

Some folks blame MySpace's demise on corporate ownership. Mashable editor-in-chief Adam Ostrow told CNN that News Corp., which purchased MySpace in 2005, slowed the site's innovation. He said News Corp. focused on making money instead of nurturing its community.

However, it's not all gloom and doom for MySpace. TechCrunch writer M.G. Siegler said MySpace should focus on its thriving music community if it wants to survive. We tend to agree here; while Facebook and Twitter do plenty of things well, we still go to MySpace for our music fix, despite the site's migraine-inducing design. While only time will tell, finding a niche might be the only thing that can keep MySpace from being left in the dust. [From: CNN]

Tags: facebook, myspace, technology, top, twitter

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