"...Rupert Murdoch moves back up to the top of the heap of Vanity Fair's New Establishment list..." - I'm sure the aquisition of MySpace helped him get up there. How about some props to the guys who built MySpace? Maybe they should be up there? Like Murdoch, I am also a good shopper, and I usually pick some of the coolest clothes and gadgets before many of my friends know about them. Top of the list for being a good shopper. Well done, Rupert.
And in other news...
MySpace is Over - the age-old cycle continues as the rich companies buy the cool stuff, make it uncool, and search for the next cool thing.