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MySpace

My Space Goes Under Ditched at $35 Million Facebook Valued 80 Billion

June 30, 2011 8:50pm by copythat

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In The News

Amazingly once worth up to $12 billion dollars, My Space has been ditched at an astounding $535 million dollar loss. The site's been sold for a mere $35 million to the highest bidder, in a sad demise that includes Justin Timberlake as investor. Facebook -- the company that helped put MySpace under--is valued at roughly $80 billion. Read more