MySpace buys Photobucket

First reported by Valleywag, and then confirmed by TechCrunch, MySpace has acquired the popular photosharing site, Photobucket. Readers of this blog will know that the two companies have had an on/off relationship, with Photobucket owing much of its success to News Corp.s social networking site, before they were blocked for breaking its terms of service. After a stand off which lasted nearly two weeks that involved a fair bit of MySpace bashing, Photobucket suddenly announced that the two had kissed and made up -- leading many to speculate on what had motivated the u-turn. Now it appears that two have been in acquisition talks ever since.From Valleywag:Like a squabbling couple finally realizing they cant live without eachother -- or a ...