Myspace LLC operates as a social networking platform that enables users to create personal profiles, connect with friends, and share content such as photos, music, and journals. Founded in 2003 and based in Los Angeles, Myspace initially gained rapid popularity, becoming one of the world's largest social networks with around 125 million users. The platform supports extensive customization and interaction, allowing users to incorporate widgets and engage with a variety of social applications. Myspace has also ventured into the music industry through Myspace Music, a joint initiative that allows users to stream music, create playlists, and share music-related content, thus fostering connections around culture and entertainment. Despite its early success, Myspace has faced challenges in user growth and engagement, particularly after being overtaken by competitors. In 2011, it was acquired by Specific Media, with Justin Timberlake taking an active role in its strategic direction. Myspace continues to evolve, seeking to adapt to the changing landscape of social media and user preferences.
ThreadBox, previously known as CC:Betty, operates an online workspace designed to enhance communication and organization for independent professionals and small workgroups. Currently in public beta, ThreadBox allows users to create a dedicated mailspace for email threads by simply cc'ing a designated email address. This innovative platform parses essential information such as dates, times, participants, and relevant files, consolidating them into one accessible location. In addition to handling email threads, ThreadBox facilitates file sharing, to-do list management, conference calls, and gathering group opinions, effectively streamlining project management and everyday workflows for its users.
Slingshot Labs
Acquisition in 2010
Slingshot Labs, founded in 2008 and located in Santa Monica, California, is a startup incubator wholly owned by News Corporation. The organization focuses on fostering innovative applications and web ventures, particularly those related to social media platforms like MySpace. Slingshot Labs aims to nurture and develop 4-5 startups each year, providing them with the necessary resources and support to succeed in the competitive tech landscape. Over the years, it has incubated various companies, including Daily Fill, demonstrating its commitment to cultivating entrepreneurial talent and new business ideas.
Imeem
Acquisition in 2009
Imeem is an online music service that offers fans free access to a vast library of songs. In addition to music, it provides a platform for videos and photos, fostering an online community for musicians, directors, photographers, and various groups. This service enables users to discover and share a wide range of multimedia content, enhancing the overall experience for both creators and audiences.
iLike
Acquisition in 2009
iLike is a social music discovery platform that originated from Garageband.com. The company focuses on promoting music democracy by introducing users to lesser-known artists based on their listening habits. It provides a downloadable application that tracks users' music consumption through platforms like iTunes, presenting this data on individual profiles categorized by play frequency and recency. By connecting users with similar musical tastes, iLike fosters a community of music enthusiasts. The platform also features the iLike Sidebar, which scans users' music libraries, recommends new music, and keeps them updated on concerts and favorite artists. Additionally, iLike facilitates music purchases through links to Amazon and iTunes while offering free downloads from various independent musicians.
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