(Updated) With traffic tumbling, owner NewsCorp publicly pondering a sale and even the musicians that were the cornerstone of its original growth not bothering to keep their pages updated, MySpace did the only thing that that it could do - link more deeply with Facebook to try to drive some traffic.

More Details & A Video Demo

Today, a "thrilled" MySpace CEO Mike Jones announced that users have access to a mashup of Facebook and  MySpace feeds that provides a combined personal entertainment and interest stream. A Facebook Like button will also be added.

Mashup with Facebook builds upon Sync with Facebook, a recently introduced feature that enables the syncing of a Myspace status update with a Facebook profile or Page.

Jones also claimed that the new MySpace redesign had resulted in more traffic, but offered no specifcs.

Mashup your Facebook Likes on Myspace

Myspace | Myspace Video