Myspace CEO Leaves News Corp For Greener Pastures

There are rumours that News Corp. is finally closing a deal to sell the once dominant, now troubled social networking site MySpace. The deal, which is expected to be finalised pretty soon, may see Specific Media taking over...

Rumours are circulating that Apple has purchased the domain name icloud.com for an estimated $4.5 million.  Technology blogger Om Malik revealed this possibility citing an unnamed source who, he claimed is “familiar...

News Corp. has begun entertaining bids for the MySpace social networking platform, which has succumbed to the dominance of Facebook.The bids are expected to start coming in soon; the company is asking for a minimum price of...

Rupert Murdoch's News Corp is to flog what's left of ailing social network Myspace, and hopes to attract bids of more than $100 million from half a dozen private equity firms by the end of this week. The Wall Street Journal -...

News Corporation has revealed that it is looking to merge, sell or spinoff ailing social network MySpace. The move comes just a day after Myspace announced that it would be laying off around half of its 1,000-strong global...

News Corporation has revealed that it is looking to merge, sell or spinoff ailing social network MySpace.The move comes just a day after Myspace announced that it would be laying off around half of its 1,000-strong global...

MySpace owner News Corporation has confirmed that it's looking to get rid of the company, just one day after it announced lay-offs for almost half it staff as it fails to compete against record-breaking social networking service...

MySpace has launched a revamped version of its social networking platform in the US, with the UK version to be rolled out soon. The overhauled social networking platform will be more content oriented, focusing on social...

MySpace, the News Corp owned social networking website, has announced that MySpace Music has completed the acquisition of Imeem, an online music sharing service. The company said in a press release that it has finalised a deal to...

Myspace, the pioneer social networking website owned by News Corporation, has shed 420 employees, bringing its total head count to around 1000 as it emerged that Facebook has overtaken the former poster child of Web 2.0 in the...

News Corp. will be terminating the employment of Chris DeWolfe, MySpace’s co-founder, as chief exec of the social networking website, in a bid to reinvigorate the troubled platform.  The chief digital officer of the...

Figures published by Internet Information Provider Firm, Comscore, showed that Facebook has outperformed Myspace in the race for the title of most popular social networking website. Facebook recorded a massive 162 percent...

Should and Could Facebook sell out to Software Behemoth Microsoft? That's a tantalising prospect that was proposed by respected news outlet Wall Street Journal, which normally has very well placed sources. According to WSJ,...

Venturebeat has learnt that Bebo, one of the bigger social networks out there, has hired a bank to help it secure a sale to the highest bidder.Bebo declined to comment on the rumour, but Venturebeat's deep throat confirmed...

Mike Butcher from Techcrunch heard some rumours from a "reliable source" that News Corporation is on the verge of buying Professional Social networking website Linkedin. If this was the case, Linkedin would join News...