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OUCH, Myspace fell down...

This was interesting from Bloomberg:

"MySpace aims to become more relevant in social media and is retooling itself as a one-stop destination for music, gaming and entertainment after losing ground to social networking sitesTwitter Inc. and Facebook Inc. “We will really become relevant, and there’s just no way when you have 100 million-plus users a month like we do that you don’t have something that’s really relevant,” Chief Executive Officer Owen Van Natta said in an interview at a music conference in Cannes this past weekend. “Along the path we are going down, we should see increased gains.”

REALLY? hmmm YOU ADMITTED you lost to Twitter and Facebook, AAAAND you're saying that "just because you have 100 million users you're relevant...doesn't seem relevant enough considering YOU LOST and you're waiting until now to change your model to be effective...but hey I'm not a CEO or anything like that. Is it too late for Myspace?  I haven't talked to anyone recently who uses Myspace.  Have you? READ THE REST OF THE ARTICLE HERE.