Three years ago today, Rupert Murdoch bought MySpace and its parent company Intermix for $580 million. That turned out to be money well spent. The last time we ran the numbers, we figured that MySpace alone is worth between $3 billion and $20 billion.

BJ McCombs was severely burned in a fire at the age of 18 months, explains the support group set up on MySpace after photos McCombs's parents posted of their late son.

Kids love the social-networking Web site MySpace.com. But far too often, their profiles disclose too much personal information. See if your child can spot 10 safety problems in Kim Komando's MySpace Quiz. Together, you and your kids can learn how to avoid the biggest safety concerns on MySpace, Facebook and other social networking sites.

Social networking sites like Facebook, Bebo and MySpace may soon have to carry a

MySpace, with support from the Attorneys General, will create an Internet Safety Technical Task Force to explore age and identity verification tools. TechCrunch broke the news this morning that Facebook is adopting a set of "Key Principles Of Social Networking Safety" as part of an agreement with attorneys general from 49 states and the District of Columbia that will require the social networking site to take steps to better protect kids (Texas is the only state not signed on). You may remember that MySpace made a similar announcement last January. The policy was announced by Connecticut attorney general Richard Blumenthal as part of the ongoing efforts of a coalition called the Multi-State Attorney General Executive Committee. Mr. Blumenthal gave the following statement in a press release: "We are raising the safety bar, first for MySpace and now Facebook, and soon for other sites as we fight for an industry gold standard. Facebook and MySpace are showing how to aim higher and keep kids safer. Our ultimate goal is age and identity verification technology -- safeguards against child molesters and inappropriate material. Checking ages and identities is vital to better shielding underage users from predators and pornography." It's that last point about using age verification technology that concerned Internet safety expert Adam Thierer when the MySpace agreement was made earlier this year. As he wrote in this January post on the Progress and Freedom Foundation blog, "even assuming we could find a way to make it [age verficiation] work, there are many other considerations that must be taken into account, such as the burden it might impose on freedom of speech or individual privacy." More details on Facebook's agreement are available at TechCrunch.