If you look back at your financial history and find some embarrassing investments, then here is a nugget for you, which will surely make you feel good about yourself. In 2005, News Corp bought hot social networking site My Space for cool $580 million. Fast forward six years, the company washed its hands off the [...]

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Within 39 years, so much could change, these changes could happen in ten or even five years time, but Social Networking sites would have changed dramatically by this time. Whether we like it or not, we at some point are connected to a mainframe of arbitrary networks. Whether it is a phone call, email, browsing [...]

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Myspace is the ugly third twin of the social networks, bought for over half a billion dollars in 2005 – it has been an un-mitigating disaster – now the preserve of unsigned musicians – it’s are far cry from it’s humble beginnings as one of the first social networks.

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Poisonous right-wing demon and threat to Journalism Rupert Murdoch and his company News Corp (responsible for such evils as Fox News) are struggling to keep Myspace’s head above water. The once ubiquitous social networking site has just had to lay off half its 1000+ workforce and now MySpace management have confirmed that site could soon [...]

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Lately, things had been looking bleak for Myspace and it seems like that even the insiders are losing hope now. According to therumors, once-prominent social networking site is now planning to cut its workforce by up to 50 percent. The mass layoff is a part of the cost cutting drive undertaken to salvage the remains [...]

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MySpace was once the undisputed champion of the social networking world and now, unless you’re in a metal band, you probably don’t use it. I bet poor Tom never thought it would all come crashing down. It tried its best but Facebook has proved too strong and now MySpace, admitting defeat is signing an agreement [...]

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If there are still any MySpace users out there, then this news might interest them. After uncovering the snafus committed byFacebook and the apps, Wall Street Journal has now reported that MySpace and some of its apps are guilty of same misdeeds. Back in May, the Journal had reported that the website transmits personal data [...]

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Following months of negotiation between Facebook and Ceop (Child Exploitation and Online Protection Centre) Facebook have now installed a new online safety application for its young users. Children can use the facility to report abuse to both Ceop and Facebook. An advert to download the ‘ClickCEOP’ application will automatically appear on the homepage of every [...]

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