Myspace

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Myspace is a social networking platform that first came into existence on August 1, 2003. It is known for its global influence, especially in technology[1], pop culture, and the music industry. Myspace was the premier social networking site from 2005 to 2009, particularly popular among teenagers and young adults. Despite its eventual decline in user numbers and acquisition by various companies, Myspace left a significant mark on the digital world. It notably expanded globally, launched innovative features, and became a crucial platform for musicians and bands to share and promote their work. However, Myspace also encountered security[2] issues and data breaches, which led to increased media scrutiny.

Terms definitions
1. technology. Technology, derived from the Greek words meaning craft and knowledge, is a broad term that refers to the tools, machines, and systems developed by humans to solve problems or fulfill objectives. Originating with primitive tools like stone axes and the discovery of fire, technology has evolved significantly throughout human history. It has been instrumental in different eras, from the invention of the wheel and advanced irrigation systems in ancient civilizations to the birth of universities and printing press during the medieval and Renaissance periods. The Industrial Revolution in the 18th century marked a significant shift in mass production and innovation, giving rise to modern technologies like electricity, automobiles, and digital communication platforms. Today, technology is integral to various aspects of life and society, driving economic growth and societal change, while also raising concerns about security, privacy, and environmental impacts. The future of technology is expected to bring even more advancements, with the rise of artificial intelligence predicted to have significant implications for the job market.
2. security. Security, as a term, originates from the Latin 'securus,' meaning free from worry. It is a concept that refers to the state of being protected from potential harm or threats. This protection can apply to a wide range of referents, including individuals, groups, institutions, or even ecosystems. Security is closely linked with the environment of the referent and can be influenced by different factors that can make it either beneficial or hostile. Various methods can be employed to ensure security, including protective and warning systems, diplomacy, and policy implementation. The effectiveness of these security measures can vary, and perceptions of security can differ widely. Important security concepts include access control, assurance, authorization, cipher, and countermeasures. The United Nations also plays a significant role in global security, focusing on areas like soil health and food security.
Myspace (Wikipedia)

Myspace (formerly stylized as MySpace; also myspace and sometimes my␣, with an elongated open box symbol) is a social networking service based in the United States. Launched on August 1, 2003, it was the first social network to reach a global audience and had a significant influence on technology, pop culture and music. It also played a critical role in the early growth of companies like YouTube and created a developer platform that launched the successes of Zynga, RockYou and Photobucket, among others. From 2005 to 2009, Myspace was the largest social networking site in the world.

Myspace LLC
Screenshot of Myspace in 2013
Type of businessSubsidiary
Type of site
Social networking service
Available in14 languages
FoundedAugust 1, 2003; 20 years ago (2003-08-01)
HeadquartersUnited States
Area servedWorldwide
OwnerViant Technology LLC
Founder(s)
Key people
  • Tim Vanderhook (CEO)
  • Chris Vanderhook (COO)
Employees150
URLmyspace.com
RegistrationRequired
LaunchedAugust 1, 2003; 20 years ago (2003-08-01)
Current statusActive

In July 2005, Myspace was acquired by News Corporation for $580 million and, in June 2006, it surpassed Yahoo! and Google to become the most visited website in the United States. It generated $800 million in revenue during the 2008 fiscal year. At its peak in April 2008, Myspace and Facebook reached 115 million monthly visitors, but Myspace narrowly lost to the newly emerging Facebook in terms of global users. In May 2009, Facebook surpassed Myspace in its number of unique U.S. visitors. Since then, the number of Myspace users has declined steadily despite several redesigns. By 2019, the site's monthly visitors had dropped to seven million.

In June 2009, Myspace employed approximately 1,600 employees. In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc. for $87 million. Time Inc. was in turn purchased by Meredith Corporation on January 31, 2018. On November 4, 2019, Meredith spun off Myspace and its original holding company (Viant Technology Holding Inc.) and sold it to Viant Technology LLC.

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