Pros and Cons of Internet
Social networking websites like MySpace and Facebook are very popular around the world with an average of 270 million members aggregate that mostly consist of teenagers and young adults. The members of MySpace and Facebook create personal profiles to keep in contact with friends, to share photos also to share music. MySpace and Facebook have earned millions of dollars however negative publicity since their success has pinpointed the dangers of sexual predators, cyber-bullying and even inappropriate content on their social networks. MySpace and Facebook have increased security measures but the dangers are still inevitable and the members know they enter at their own risk.
In 1998, MySpace became an official website used to share and store files however due to lack of interest and suffering from low revenues the site was shut down in 2001. MySpace was revived in July 2003 by Tom Anderson and Chris Dewolfe. The website centered around local musicians that could share their music, post tour dates and share pictures all for free with their personal MySpace homepage. The site was successful at connecting with fans and advertisers took notice (Rosenbush page 1).
By 2005, MySpace was bought for 580 million dollars by Rupert Murchoch’s News Corporation. By July 2006, MySpace had approximately 72 million members and was ranked the sixth most popular website in the world with projected revenue of 200 million dollars (Blackwell page 1). Chief Financial Officer of New Corporation, David Devoe, estimates MySpace revenue to reach 500 million for fiscal year 2008. MySpace is so popular that it has generated 4.3 billion hits within a day (Dignan page 1).
Facebook was created by Harvard student Mark Zuckerburg. The website was originally created by Harvard students but eventually branched out to other college and high schools. Membership required a valid college or high school email address. Facebook soon began to expand beyond high school and college membership. Now a user with
In 1998, MySpace became an official website used to share and store files however due to lack of interest and suffering from low revenues the site was shut down in 2001. MySpace was revived in July 2003 by Tom Anderson and Chris Dewolfe. The website centered around local musicians that could share their music, post tour dates and share pictures all for free with their personal MySpace homepage. The site was successful at connecting with fans and advertisers took notice (Rosenbush page 1).
By 2005, MySpace was bought for 580 million dollars by Rupert Murchoch’s News Corporation. By July 2006, MySpace had approximately 72 million members and was ranked the sixth most popular website in the world with projected revenue of 200 million dollars (Blackwell page 1). Chief Financial Officer of New Corporation, David Devoe, estimates MySpace revenue to reach 500 million for fiscal year 2008. MySpace is so popular that it has generated 4.3 billion hits within a day (Dignan page 1).
Facebook was created by Harvard student Mark Zuckerburg. The website was originally created by Harvard students but eventually branched out to other college and high schools. Membership required a valid college or high school email address. Facebook soon began to expand beyond high school and college membership. Now a user with
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