MySpace on Tuesday launched its highly anticipated instant messaging tool in beta. The MySpace site read on Tuesday: "IM your MySpace friends anytime; one-click login to mail, bulletins, and more;
instant alerts for all requests, messages, and comments; find and view your friends' profiles with one click; more features coming soon..." The IM display boxes shown on MySpace's site did not appear
to be ad-supported. With 70 million members and growing, MySpace's new IM tool will directly challenge AOL's AIM and other IM providers.
