• HootinNHollerin@lemmy.dbzer0.com
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      9 months ago

      Whaaaat TIL

      In 2005, two years after launching the site, Anderson and DeWolfe sold Myspace to Rupert Murdoch’s News Corp. for $580 million. Afterward, Anderson continued working as the company’s president. He retired from active involvement with Myspace in 2009 or 2010 as its popularity waned and Facebook usurped it as the most popular social networking site.

      He then went to burning man and traveled and got into travel photography. Lives between Hawaii, LA, and vegas

      • Nalivai@lemmy.world
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        9 months ago

        The data and connections were what’s important, algorithms need data, and that was as true back then as it is now.

      • raef@lemmy.world
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        9 months ago

        The data they got continued to be valuable to advertisers for decades