And to think Rupert Murdoch spent $580M to buy MySpace.
Migs Paraz notes that even local taipans can afford Friendster at its new asking price: $5M. They might want it; half of all Friendsters are Filipino. They could even give the Friendster movie the trademark melodrama of a Filipino movie.
They can have it. Unless Friendster corrects its technical flaws, I don't want it.