What the Past Can Tell Us About the Future of Social Networking
Both Sides of the Table
DECEMBER 5, 2010
Fox bought MySpace for $580 million and then did a deal with Google worth more than the purchase price to serve up ads. MySpace would liked to have owned YouTube but didn’t have the public stock valuation to purchase them at the price that Google did. At the bottom end of the stack is storage (S3) and processing (EC2).
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