June 17, 2009 |
MySpace is looking to do an about-face. The once-red-hot social networking site acquired three years ago by septuagenarian mogul Rupert Murdoch, which landed him on the cover of Wired magazine and won News Corp. praise for embracing the Internet ahead of its old-media rivals, has cooled considerably. New statistics released this week show MySpace has been surpassed by rival Facebook in the U.S. market, where it once dominated, and ad revenue for the site is projected to decline.
June 16, 2009 |
Facebook Inc., after eclipsing MySpace in global users last year, now leads its social-networking rival in the U.S. as well, according to research firm ComScore Inc. The Palo Alto, Calif., company had 70.28 million U.S. users last month, topping MySpace's 70.26 million, ComScore said. Facebook's users almost doubled from a year earlier, while MySpace lost 5%. Facebook, which became the top global social-networking site a year ago, had 307.1 million users worldwide in April, the Reston, Va.
June 6, 2009 |
A year after making one of the largest office leasing deals in more than a decade, Fox Interactive Media is abandoning plans to move into nearly a half-million square feet of office space in Playa Vista. The company is committed to a 12-year, approximately $350-million lease. But now it faces financial difficulties and plans to lay off some of the people who were slated to move into two new office buildings in the splashy development near Marina del Rey.
CALIFORNIA | LOCAL
May 19, 2009 |
When federal prosecutors in Los Angeles indicted a Missouri mother last year for committing an Internet hoax that apparently led to the suicide of a 13-year-old girl, they touted the novel legal approach that allowed them to file the case halfway across the country. On Monday, a U.S. district judge indicated they may have gone too far. "Using this particular statute in this particular situation is so weird," Judge George H. Wu said, calling some of the prosecution's argument "troublesome."
May 7, 2009 |
A Missouri mother should serve three years in prison for her role in a MySpace hoax on a 13-year-old neighbor who committed suicide, federal prosecutors said in court documents filed Wednesday in Los Angeles. Assistant U.S. Atty. Mark Krause outlined the government's position while requesting the maximum sentence for Lori Drew. Probation officials have recommended that Drew receive a year of probation and a $5,000 fine.
May 3, 2009 |
The Wikipedia Revolution How a Bunch of Nobodies Created the World's Greatest Encyclopedia Andrew Lih Hyperion: 272 pp., $24.95 Stealing MySpace The Battle to Control the Most Popular Website in America Julia Angwin Random House: 384 pp., $27 Viral Spiral How the Commoners Built a Digital Republic of Their Own David Bollier New Press: 352 pp., $26.95 -- When the history of the Web is written, in what form will our progeny receive it? Via grainy promotional YouTube videos from Google?
April 25, 2009 |
It got News Corp. Chairman Rupert Murdoch on the cover of Wired magazine, cost Tom Freston his job as chief executive of Viacom Inc. and even spawned a tell-all book. But now News Corp.'s MySpace has gone from crown jewel to problem child. Although MySpace remains the largest social network in the U.S., rival Facebook, which rules the rest of the world, is closing the gap fast. In terms of buzz, it's no contest.
April 23, 2009 |
MySpace co-founder Chris DeWolfe, the marketing guru with a laid-back, surfer-dude demeanor who took the social network from its ragtag beginnings to Internet phenomenon, is departing the company before the end of his contract. Parent company News Corp. said DeWolfe was leaving by mutual consent.
April 2, 2009 |
News Corp., as expected, has hired former AOL chief Jonathan Miller to oversee its digital media businesses, including the MySpace social-networking website. Miller, who ran AOL from 2002 to 2006, will report to Chairman and Chief Executive Rupert Murdoch, the New York company said. Miller, 52, will oversee News Corp.'s stand-alone websites, as well as its stake in Hulu.com.
March 27, 2009 |
A 14-year-old Clifton girl has been charged with possession and distribution of child pornography after posting nearly 30 explicit nude pictures of herself on MySpace.com. If convicted, she could be forced to register as a sex offender. The teen, whose name has not been released because of her age, was released to her mother's custody.