MySpace is Sleeping with the Enemy

MySpace is crossing over into enemy territory with its latest update in an effort to try to keep the sinking ship afloat.

Having long since fallen to the dominant social network, Facebook, MySpace has been hemorrhaging users. In an attempt to staunch the flow, MySpace has turned to the old adage, "If you can't beat 'em, join 'em." MySpace is now allowing users to carry their likes and interests from Facebook directly over into their MySpace profile. On MySpace, users can connect with Facebook to "mashup your Facebook Likes and public profile info to create a personal entertainment stream in just one step."

This latest update is in addition to August's update, which allowed users to sync MySpace and Facebook together to share MySpace content with Facebook friends.

Will it be enough to save MySpace? Considering that it is widely believed that MySpace has yet to turn a profit, it may just be prolonging the inevitable. Integrating with Facebook is certainly a good move -- people find it very useful on Twitter, for example -- but MySpace needs to offer up value on its own, besides just piggybacking on the features of its frenemy.

What do you think? Do you use MySpace? Let us know in the comments below.