MySpace has been sold to a small time advertisement firm for only six percent of the amount that News Corp. paid for it six years ago. According to the Financial Times the loss-making social networking platform MySpace has been sold by its owner group News Corp. to a digital advertising firm Specific Media, along with musician Justin Timberlake, for only $35 million, Rupert Murdoch's company paid $580 million for it.
Copyright group Creative Commons has released a new set of guidelines that instructs individuals on how to use materials that don’t break copyright laws. Web users often use copyrighted images, music and videos unknowingly or accidentally that lands them in legal trouble.
Nokia will launch more N-series Smartphones soon with pictures of the N5 having merged and news that the N6 and N7 will follow shortly. As it stands, the N8 and the N9 have been officially unveiled by the company with the two handsets running on different operating systems.
After Windows Phone 7.5 AKA Mango, Microsoft may be mulling plans to release a new update called Tango, according to sources based in Taiwan. Digitimes reports that at least one maker ODM maker, Compal Communications, has acquired the license to use the existing Mango platform and its successor, Tango.
There are claims that Canadian manufacturer RIM will abandon the development of a 10-inch Blackberry Playbook and focus instead on the forthcoming QNX-based superphone according to N4BB. The handset, like the Bold Touch 9900, will apparently feature a 1.2GHz ARM-based single core SoC and a 4.3-inch display with a HD ready resolution.