MySpace is busy developing a cell phone application that will allow the over 100,000,000 MySpace users log onto their account via their cell phone. The bold move could turn the company into what MySpace managers call a “$15 billion” move within the next few years. The move could be the driving force behind the mobile advertising innovations we are begining to see within the industry.

RBC Capital analyst Jordan Rohan had made the estimate of the website’s potential and based his prediction “on the site’s massive international appeal, capacity to become an intelletual property distribution powerhouse.” Rohan will be developing the project which should be ready within 3 - 4 months in the USA. Continue Reading >>