Today MySpace has annoucned that Owen Van Natta, the ex-Chief Operating Officer of Facebook has been appointed the role of MySpace Chief Executive Officer. It’s approximately a year and two months after leaving Facebook and one has to wonder, did Owen Van Natta have a non-compete? He clearly has substantial competitive intelligence and while he may not know the latest information from inside Facebook, he at the least has deep insight into the way the organization functions.
The announcement comes as no surprise given that MySpace has been leaking the information for the past few days, but now that it’s confirmed it will be interesting to see what comes of this. MySpace would most likely not hire Van Natta if they expected a costly legal battle with Facebook. At this point it appears to settle many old scores as Mike Arrington writes.
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