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June 29, 2007
MySpace Clashes with Facebook

MySpace has announced a change in its technology strategy that will allow other online companies to plug directly into the social network. Facebook announced a similar plan last month.

To better open its network, and win the battle for users, MySpace founder Chris DeWolfe told The Financial Times that the company would be bringing more developers.

While both Facebook and MySpace have opened the doors to their networks in a bid to become the centerpiece of the digital landscape, the two have adopted rather different approaches to revenue-sharing.

Facebook has said companies that develop applications that run on its social network are free to make money on them through advertising, but MySpace hasn't been so open. The News Corp. property has blocked ad-supported services operating on its network.

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