The dust has yet to settle on Facebook acquiring FriendFeed than, Myspace has announced the takeover of iLike. iLike a popular application for music on rival Facebook was said to have been purchased for $20 million (£12 million) in an attempt to expand MySpace following cuts and writedowns. iLike with a reported users of 55 million, will remain with the same management team. iLike should enhance MySpaces share of games, songs and videos from their MySpace home pages. Facebook has approximately 10 million users of the iLike applications and iLike also incorporates song recommendations with attachments via Apple’s iTunes music store. Facebook commented that the acquisition of iLike by MySpace should not affect its users. For the moment, however iLike and MySpace will not be integrated and will continue to be run as two separate entity’s for the time being.
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