Feeds

No space @ MySpace

Horne departs the unsocial network

  • alert
  • submit to reddit

Remote control for virtualized desktops

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The hidden costs of self-signed SSL certificates
Exploring the true TCO for self-signed SSL certificates, including a side-by-side comparison of a self-signed architecture versus working with a third-party SSL vendor.