MySpace Buying Photobucket

No wonder MySpace blocked Photobucket. They were trying to lower the purchase price. MySpace is buying Photobucket for $250 million, down from the previous asking price of $300 million.

Damn. Just when Kickthebucket was getting all cool and Ajaxy and Flexy, their new bosses will be the ad-crazy n00b-breeding suits at Fox. Moral lesson: don’t do too much business in a walled garden. The gardeners will stab you in the back and turn you into fertilizer.

RIP Photobucket. After the ImageShack scandal, Flickr is set to take the lead in the photo-sharing race.

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