Rivals No More, Facebook and MySpace Talk Content

High-ranking executives at both Facebook and MySpace confirm that the companies are in talks over some sort of content partnership—a development that isn’t a big surprise to at least one observer. Formerly intense competitors in the social-networking sphere, Caroline McCarthy writes, now “Facebook’s the one providing the platform for the content; MySpace is the one providing the content itself.”

While MySpace can boost its claim as “a pop culture hub,” McCarthy adds on CNET, “for Facebook, meanwhile, you could take this as a ‘look, we've won’ move. After all, it’s a validation of the power of the social network’s content platform that a company like MySpace—which used to dwarf Facebook in size—would want to use it for distribution.”
(More MySpace stories.)