It might be the beginning of the end for troubled social network site Myspace. As News Corp. allows potential buyers to look at the company’s books, Myspace Music president Courtney Holt has stepped down from his position after two years on the job.
Officially, Holt will stay with Myspace in an advisory position, and retains a place …
MySpace is still up for sale, and News Corp. is claiming a lot of interest – which is probably a good thing, considering the site has cost the company $275 million in the last three months of 2010 alone. MySpace was responsible for dragging losses for News Corp’s Digital Media Group from $31 million to $156 million in the same time …
The once-king of social networks, MySpace has fallen beyond repair – or so say the hundreds of blogs calling for a mercy killing after this week’s massive employee layoffs. Just three years ago, News Corp.’s Rupert Murdoch pooh-poohed Facebook as it headed straight for them saying that MySpace was more than just “looking up …
MySpace has released the date for its long-feared cull of more than half of its employees: January 11th. The once-popular social network site is expected to lay off between 550-600 of its 1000 employees tomorrow, and is said to be finalizing the figure today.
The cuts are said to be being made internationally, with MySpace China …
MySpace could use a few more friends of its own. The once-popular social networking site is not only likely to have a new owner by mid-year – or sooner, if News Corp. can find a buyer – but it’s also about to lose more than half of its current 1,100 employees before the end of the month.
CNBC reported yesterday that News Corp. is …
The potential of MySpace may be limitless – as long as it survives the next few months, it seems. Talking at the Reuters Global Media Summit conference earlier this week, the COO of MySpace parent News Corp., Chase Carey, said that that the company was open to all options concerning the site’s future, including selling it:
There are
…
It had to come sometime. MySpace has conceded the battle for supreme social network to Facebook, saying that they prefer to focus on “music entertainment content” on Fox Business Network.
(More on TIME.com: The End Is Near: Will MySpace Sink After Departure Of Another CEO?)
“We are no longer competing. MySpace is focused …
You can now log into the social network that nobody uses anymore with your username and password from the social network everyone uses. And with that, MySpace has pretty much given up on trying to be a social network in the interest of serving as a personalized entertainment site instead.
That’s actually pretty smart.
You can now …
You’re so stolid. You weren’t like that before the beard.” – Q from Star Trek: The Next Generation
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Long overdue for a graphical overhaul, MySpace will be rolling out a new design to members between now and the end of November.
According to MySpace CEO Mike Jones:
“The new Myspace is cleaner, with a new design that puts content center stage. It’s also smarter, providing you with a personalized experience by recommending content
…
Tuesday, Mar. 30, 2010
Today in Techland: We rolled out the things we’ll geek-out for in April. (Hint: Kick-Ass, Stephen King, Brightest Day) Doug declared war on that pesky rain, I showed some love for Rube Goldberg and Lev bravely went back into Twilight territory. Kind of a slow day all around, but just in case…
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It’s no secret: MySpace has seen better days.
Yesterday, the announcement came that Owen Van Natta has stepped down from the position as CEO of the once-king of social media, effective immediately.
(More on Techland: Google Launches Google Buzz)
Van Natta was named CEO in April, 2009 and the only reason for his exit after not …
