MySpace Takes Aim at Yahoo

Social networker seeks to become a portal
By Nick McMaster,  Newser Staff
Posted Jun 13, 2008 2:08 PM CDT
MySpace co-founder Tom Anderson attends Cosmopolitan Magazine's Fun Fearless Male of the Year Awards at Cipriani's 42nd Street, Monday, March 3, 2008, in New York.    (AP Photo/Evan Agostini)
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(Newser) – Myspace is retooling itself to become a more direct competitor to web portals, specifically Yahoo, BusinessWeek reports. Starting Wednesday, the popular social networking site will unveil changes to its homepage such as news headlines, local weather apps, and entertainment links.

MySpace always planned to be a portal, its president says, but it needed more traffic and better infrastructure. Spam has plagued its message/wall system, but today “using your MySpace page is a much better way to be contacted,” says Tom Anderson.