Total Users : 50 million

Alexa Ranking : 87



MySpace, is a social networking website. Its headquarters are in Beverly Hills, California.

Myspace became the most popular social networking site in the United States in June 2006, a position that it held throughout 2007 until 2008. However by April 2008, according to comScore, Myspace was overtaken internationally by its main competitor, Facebook, based on monthly unique visitors.Since then MySpace has declined steadily in spite of several drastic redesigns. Quantcast estimates MySpace's monthly U.S. unique visitors at 19.7 million as of May 2011. The site ranking of Myspace as of July 2011 was 85, as opposed to the number 2 position held by Facebook.

At its peak Myspace employed 1,600 employees, which was reduced to 1,000 after laying off 30% of its workforce in June 2009. By June 2011, further job cuts reduced its size to 400 employees, with Myspace to lay off at least 150 employees and put another 150 employees on a transition plan in which they can still work for pay temporarily while looking for another job.

As a subsidiary from July 2005 to June 2011, Myspace does not disclose revenues or profits separately from its parent News Corporation. On June 29, 2011, Myspace was sold to Specific Media for US$35 million plus a 5 percent stake in Specific Media. Pop star Justin Timberlake also took a small stake in the deal.