Articles about myspace

The Register breaking news

Bidders crowd MySpace

MySpace’s new owner is expected to be announced this week as speculation suggests that News Corp is in final negotiations with two potential buyers, advertising network Specific Media and private equity firm Golden Gate Capital. The price tag for the failed social network has been mooted as US$35 million, a fraction of New …
The Register breaking news

MySpace sacks more

The social network everyone used before they found Facebook is expected to sack another 150 staff tomorrow. MySpace still employs 400 people in southern California, but it seems the rumours of slashing jobs has restarted rumours of an imminent buyout for the struggling site. The cuts, confirmed by the Washington Post, acting …
John Oates, 28 Jun 2011
The Register breaking news

MySpace bids expected this week

Rupert Murdoch is hoping for bids this week for his undead social network MySpace. News Corp has been trying to get shot of the site, or work out what to do with it since soon after buying it. The media giant bought the social networking and music site at the height of its popularity as part of the takeover of Intermix in …
John Oates, 27 Apr 2011
The Register breaking news

No stranger to the moleskin trouser

Stob A website called MySpace is 'in a death spiral' according to Mr Robert Scoble, who attributes this unhappy state to its being implemented using Microsoft .NET technology, and because it is headquartered in Los Angeles, where apparently there aren't enough good programmers. Slightly cross-eyed with concentration at his three- …
Verity Stob, 11 Apr 2011
The Register breaking news

News Corp to trade music for games, readies MySpace sale

News Corp is poised to enter the social gaming sector to get a slice of some of the action Zynga is enjoying with its FarmVille success. Speaking at the Abu Dhabi Media Summit, the head of News Corp’s digital media group, Jonathan Miller said: "Social gaming has a business model. People who play FarmVille actually spend real …
The Register breaking news

MySpace sale or spin-off process begins, says report

MySpace talks are reportedly set to take place between News Corp and around 20 potential suitors next month, as the struggling entertainment portal's parent company looks to sell or spin-off the business it acquired in 2005 for $580m. According to Reuters, which cites a person familiar with the discussions, News Corp expects …
Kelly Fiveash, 25 Feb 2011
The Register breaking news

MySpace seeks music-loving buyer with GSOH

Recent lay-offs at MySpace were costly for its disgruntled parent News Corp, which said in its Q2 earnings that it was officially seeking a buyer to offload the failing social network entertainment portal. The company swallowed a $275m charge in its latest quarterly results, and admitted for the first time publicly that it was …
Kelly Fiveash, 3 Feb 2011
The Register breaking news

MySpace could be someone else's space soon

MySpace management confirmed yesterday that it is considering selling the ailing website, following the firm’s decision to lay off half of its 1,000-strong workforce earlier this week. “News Corp is assessing a number of possibilities, including a sale, a merger and a spinout,” a spokeswoman at MySpace’s parent company said, …
Kelly Fiveash, 13 Jan 2011
The Register breaking news

MySpace unfriends 500 staff

MySpace's workforce is being slashed by half, the struggling website's owner News Corp confirmed yesterday. Around 500 staff will lose their jobs, said the company's boss Mike Jones. "These changes were purely driven by issues related to our legacy business, and in no way reflect the performance of the new product," said …
Kelly Fiveash, 12 Jan 2011
The Register breaking news

Limping MySpace to offload half of workforce

MySpace employees are bracing themselves for huge job cuts, which are reportedly expected to be announced at the struggling News Corp-owned website later today. According to the Financial Times, MySpace has already laid off some of its staff. A cull of around 500 workers, around half of the company's global workforce, is …
Kelly Fiveash, 11 Jan 2011
The Register breaking news

MySpace employees face uncertain 2011

Beleaguered News Corp web property MySpace reportedly looks set to plan significant lay-offs in the New Year. But given the recent comments coming from the company's own COO Chase Carey, who in November this year admitted “We’ve been clear that MySpace has been a problem,” it's hardly surprising that rumours about potential …
Kelly Fiveash, 31 Dec 2010
The Register breaking news

Struggling MySpace inks new Google deal

MySpace has finally inked a multi-year search and advertising deal with Google. Financial terms of the agreement between the Mountain View Chocolate Factory and Rupert Murdoch's News Corp, which owns MySpace, were not revealed. MySpace secured a handsome $900m search and keyword services deal with Google in 2006, but it …
Kelly Fiveash, 17 Dec 2010
The Register breaking news

MySpace quivers under News Corp axe

MySpace is continuing to limp along on the interwebs and the once hugely popular social network even gave itself a makeover last week. But News Corp, which owns the firm, could pull the plug on the entire operation within the year. As reported by another News Corp tentacle – All Things Digital – yesterday, Rupert Murdoch’s …
Kelly Fiveash, 4 Nov 2010
The Register breaking news

Court strikes down Facebook probation

A California appeals court has struck down as unconstitutional probation conditions that barred a 15-year-old convicted of possessing a stolen motorcycle from using a computer or the internet for any purpose other than school-related assignments. Last week's decision from California's Court of Appeal for the Fourth Appellate …
Dan Goodin, 20 Oct 2010
The Register breaking news

T-Bone Burnett: Musos, stay off the net!

T-Bone Burnett says new artists who decide to keep their recorded music off the interwebs could be making the smartest move they'll ever make as a a musician. In the past, the veteran musician, songwriter and producer has been a scathing critic of the music industry - but this week he turned his fire on new media and digital …
The Register breaking news

Smartphone boom drives media multi-tasking

The communications regulator Ofcom has released its annual megadump of industry statistics and factoids, and is highlighting that we're using the internet more and using multiple communications services at the same time more often too. Multi-tasking, where users might make a phone call while surfing the net, for example, now …
Team Register, 19 Aug 2010
The Register breaking news

MySpace loses co-president

Jason Hirschhorn, co-president of MySpace and the man meant to rebuild the social networking site, is leaving the company. News Corporation's chief digital officer Jon Miller said the company respected his decision and his desire to return to New York. Miller gushed: "As many people know, Jason is like family to me, and as …
John Oates, 18 Jun 2010
The Register breaking news

Facebook gives users' names to advertisers

Facebook has been giving advertisers data that they can use to discover users' names and locations, contrary to its privacy policy. The dominant social network tells users it won't share their details without consent, but according to the Wall Street Journal, it has handed over information that advertisers can use to look up …
Team Register, 21 May 2010

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