MySpace’s New Technology

Reuters is reporting that News Corp.’s has acquired a new technology to prevent users from posting unauthorized copyrighted music on their pages. This could dull-down the popular social networking site which boasts to be originally founded on the principles of allowing small-time bands and aspiring musicians a chance to share their music and stay connected to their fans. On the flip side, this could spell major changes in the way MySpace operates its music playing services. Perhaps this could mean big money in the upcoming future, if the cards are played right.

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