Blogosphere

YouTube overtakes MySpace

Guardian reports:

YouTube has established itself at the top of the league of the new generation of community websites by becoming even more popular than MySpace, according to research.The video sharing site has taken a 3.9% share of global internet visits a day compared with 3.35% for MySpace, according to internet analysis company Alexa.YouTube’s popularity has grown immensely over the first six months of the year.

Its success has been such that a price tag of as much as $1bn (£536bn) – far more than the £332m that Rupert Murdoch paid for MySpace – has been put on the company and rumours are circulating of a possible initial public offering.

Guardian Unlimited Technology | Technology | YouTube overtakes MySpace

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