Web Reference: Mar 24, 2024 · MySpace failed to protect vulnerable users like children and became overrun with safety issues like cyberbullying and predators. Hackers repeatedly breached MySpace exposing private user data which cratered trust and reputation. Dec 4, 2009 · The situation is so dire that MySpace recently revealed that it had failed to attract enough online traffic to meet targets set in its advertising deal with Google and as a result would lose... Myspace ultimately failed due to poor product design, heavy spending and fierce competition from Facebook. Before MySpace grew into a global sensation, it was just an idea in the minds of Internet marketers at a company called eUniverse.
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