News as a social play: Here comes MySpace News

I read about this on a post titled "MySpace News: The Digg Killer?" The comments on Mashable are worth checking out:

http://mashable.com/2007/03/08/myspace-news/

By their own contention, MySpace is a "place for friends". I am not sure what NewsCorp has in mind, but this is certainly not a direction that will appeal to teens. Companies that try to appeal to everyone end up losing market share to smaller more focused startups.