Social Networking news and information

There's a rumor that Bubbleshare is now in talks with NewsCorp, parent company of MySpace, discussing acquisition.  The site, a popular image hosting and sharing site, would be a boon if integrated into MySpace.

One of the most poorly designed areas of MySpace is it's image hosting area.  The size requirements are ludicrous and the limit of 12 photos per user discourages frequent updating of this area.

With a rank of 28K, the site is poised for growth.  Will NewsCorp take it to the next level?  That remains to be seen, but certainly the talk surrounding the deal is exciting.  As any news develops I'll keep you posted.