Feeds

No space @ MySpace

Horne departs the unsocial network

  • alert
  • submit to reddit

SANS - Survey on application security programs

The fate of Rupert Murdoch’s distressed, (un)social network MySpace should be known within a fortnight according to global executives.

The Australian office of MySpace has been wound down, with the bulk of staff shed late last year. News Digital Media is mooted to be in discussions to take on the online ad sales role for the website. Current head of international at NDM, Rebekah Horne, has told media that an announcement regarding the future operations of MySpace would be made within weeks.

Horne herself is exiting, in part of the ongoing depletion of MySpace resources. Next month she will join DMG Radio as its chief digital officer, reunited with Lachlan Murdoch who is a 50% shareholder in the radio broadcaster.

Horne returned to Australia earlier this year after holding a global role in London for nearly three years.

News Corp’s head of digital media Jonathan Miller told press in the US last week that the company was “two weeks” away from knowing the outcome of a prolonged attempt at divesting the asset.

News Corp hired investment bank Allen & Co. to evaluate offers for MySpace, with a goal of concluding a deal before the fiscal year ends in June. The News Corp. business group that includes MySpace had an operating loss of US$165 million in the March quarter, compared with a $150 million loss a year earlier. ®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.