Myspace sacked half of its 1000 employees (11 January 2011) and News Corp. owner threatens to close down the site by the months unless it becomes more profitable ...
Rupert Murdoch bought the site in 2005 for $ 580 million (US).
(To be continued)
Photo 1: Logo Myspace;
Photo 2: Rupert Murdoch
See story The Wall Street Journal;