Rumors have been floating around that Myspace.com is soon to be sold off, because of its hemorrhaging funds due to corporate collapse and in-fighting. Though evidence supporting this has yet to surface, there was a rash of resignations and firings within Myspace.com‘s corporate office. It was also discovered that Myspace.com has been ‘donating’ your personal information to companies since March for the purposes of repackaging and distribution to any research foundations interested. In truth, this is a harmless measure to make Myspace.com a little extra money and help them through tough times. They are not the only ones to do this, either. Twitter, Facebook, and several other sites have packages available @ infochimps.com. Examples of information being sold off are user playlists, mood updates, photos, blogs, names, and zip codes. Infochimps.com claims their repackaging techniques protect the users of these sites from any privacy issues, but this perspective ignores the fact that these social networking sites have taken liberty with your personal information and sets a dangerous precedent for users of the sites. This could feed popularity for new Peer-2-Peer networking sites, in which users retain all rights to their information. A newly resurrected Limewire could see a lot of attention as they have just released their Pirate Edition V5.6.2, which can be downloaded
