Posts
State of the Union address: Trump to speak to Congress as dozens of
Democrats plan boycott – live updates
-
US president signaled a ‘long speech’, expected to start at 9pm ET, which
will double as pitch to voters ahead of midterms later this year
-
S...
59 minutes ago
"The numbers tell an amazing story of strong momentum and dramatic change for Myspace," said Tim Vanderhook, CEO of Myspace. "And the 1 million-plus new user accounts we've seen in the last 30 days validates our approach."
ReplyDeleteA team of investors bought out Myspace in June for the fire-sale price of $35 million. Rupert Murdoch's News Corp. paid (many would say overpaid) $580 million for it in 2005.
The new owners, most notably pop star/actor Timberlake, have effectively stopped trying to compete with Facebook and other social sites, instead focusing on Myspace's superior platform for posting and listening to music.
Monday's release from Specific Media credited the site's new music player, with access to more than 42 million songs, as offering the Web's biggest collection of free music.