Adage interview with CEO of IAC Barry Diller

This article on Adage.com is an interview with the CEO of IAC, Barry Diller. He is trying to buy AOL right now along with owning a variety of other online sites. They go into a little bit of depth with the differences between Myspace and Facebook. They talk about how Rupert Murdoch calls Myspace a place for self expression while Facebook can be termed as a sort of phonebook. I share Barry Diller's disagreement with this. It's true that Myspace allows you to change the look of your page to fit your creativity, but Facebook has been creating an abundance of applications for people to communicate with other people. These are called "Friendship Applications" and isn't that what the whole social networking opportunity is supposed to be about, networking?