Categories What I Think MySpace founder concedes social network defeat – BizTech – Technology Post author By Me Post date February 12, 2009 MySpace founder concedes social network defeat – BizTech – Technology. Not the kind of news NewsCorp chief cheese Mr Murdoch was hoping to hear. Obviously the protagonist in this article, Mr Brewer has his own agenda but none the less, an interesting story when you filter the spin out. Related ← Crisis puts a new face on social networking | smh.com.au → Facebook founder paid $100m settlement to classmates