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5 Failed Social Networks Even Worse Than MySpace

The once-king of social networks, MySpace has fallen beyond repair - or so say the hundreds of blogs calling for a mercy killing after this week's massive employee layoffs. Just three years ago, News Corp.'s Rupert Murdoch pooh-poohed Facebook as it headed straight for them saying that MySpace was more than just "looking up friends."

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techland.time.com
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