The event is less of a partnership announcement and more of a formal surrender ceremony.
MySpace is sending CEO Mike Jones for the announcement. Facebook managed to rustle up a vice president – Dan Rose. Our sources say MySpace is a little more than embarrassed that Facebook isn’t making someone more senior available for the event.
Here’s at least part of what they’ll announce. Facebook Connect integration so that users can associate their MySpace accounts with their Facebook accounts and then log in to MySpace via Connect. Part of that is already live. MySpace will suck in as much profile information as possible and use it to help with advertising and the interest graph (bands you like, etc.)
And they’ll also announce that Facebook users will now be able to push all their Facebook status updates to MySpace. So your Facebook stream will appear on your MySpace profile.
What’s MySpace again? I seem to remember hearing something about it, last century…
Maybe it’s a new take on the stick-and-hoop game?