This week, Chris and Martin discuss the issues at Myspace, which recently disclosed that 12 years’ worth of user content had been lost during a (failed) server migration. The once-mighty Myspace was the largest social networking site from 2005 to 2009 (according to Wikipedia) and had estimated revenues of $109 million in 2011. So, how could a company with such as large valuation and solid revenue manage to lose data so easily? In 2005, News Corporation purchased Myspace for $580 million, later selling he company in 2011 for a rumoured $35 million. Would there have …
