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Tag: "News Corp"

News Corp ready to sell MySpace

on February 4, 2011 | MySpace | Comments (0)
News Corp ready to sell MySpace

News Corp bought MySpace in 2005 for $580 million, when the site was the most popular social network on the internet. At this time Facebook started to gain more traction and by 2008 was the clear leader in social networking. This equated to bad timing by News Corp, and a hugely successful product by Facebook […]

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MySpace plans Relaunch to Boost user Involvement and Numbers

on July 27, 2010 | MySpace | Comments (0)
MySpace plans Relaunch to Boost user Involvement and Numbers

MySpace for a long time was Australia’s most popular social networking site, and still today is a prominent figure in the space. However in mid-2008 Facebook overtook MySpace as the No1 social networking site and has grown by a huge amount since then. Facebook now attracts around 8.7 million unique users in Australia compared to […]

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News Corp Exec: MySpace lost its way

on June 3, 2010 | MySpace | Comments (0)
News Corp Exec: MySpace lost its way

News Corp Chief Operating Officer and Deputy Chairman Chase Carey fielded questions on MySpace at in New York late last month, admitting: ‘Clearly, MySpace lost its way a bit’. Carey went on to comment about the future of MySpace: ‘We’ve spent a lot of the time since last summer right-sizing, went through some layoffs, bringing […]

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