Myspace Launching Competing Platform

Mike Arrington is reporting that Myspace’s new platform is set to launch next week at the Web 2.0 summit in San Francisco. I had the opportunity to speak with a number of developers while in the valley over the past week. Most said that they would be working feverishly to launch their applications on Myspace as soon as the platform launches.

While a massive opportunity, many have downplayed the rumored Myspace platform as a smaller opportunity given their lack of a newsfeed.

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