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`MySpace, America's Number One
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`MySpace is nowthe most popular site in the US - last week it overtook Google Search and Yahoo Mail as America's most visited website, according to
`Hitwise. MySpace had 4.46% of USvisits for the week ending July 6th. What's more, MySpace is also winning market share from other social networks - in
`June, it captured 80% of social networkingtraffic, up from 76% in April. Facebook is second with 7.6%. Clearly, MySpace was an absolute bargain when
`NewsCorp boughtit for $580 million. What's more, Bebo's rejection of a $552 million offer sounds completely reasonable. Update (12th July): Yahoo have
`contacted me and other bloggers to dispute the accuracy of Hitwise's claim. Theypoint out that Hitwise compared MySpace to mail.yahoo.com, rather than
`all of Yahoo's properties. Taking all the domains together, they argue, Yahoo is still in the lead. Meanwhile, commenters have also suggested that I'm being
`overzealous in myvaluations of social networks - I think they have a fair point.
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`TRILLER EXHIBIT 1022-001
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