MySpace Suddenly Adding More Users Than It's Losing

After years of increasing loneliness, Tom suddenly has some new friends. Or at least he would if he still used the service. MySpace’s new ownership revealed the social networking service has added 1 million new users in the past month. The company is trumpeting the change as a sign that MySpace’s transformation into an entertainment hub is breathing new life into the former networking giant. [More]

10 Brands That Just Might Disappear In 2012

10 Brands That Just Might Disappear In 2012

The site 24/7 Wall Street makes an annual tradition of predicting which brands will disappear in the coming year. Next year, they predict the demise of such diverse brands as Saab, American Apparel, Sears, Kellogg’s Corn Pops, and Soap Opera Digest. [More]

News Corp Dumps MySpace For $35 Million

News Corp Dumps MySpace For $35 Million

When you buy something for $580 million, the goal is not to part with it for $35 million a few years later. Yet that’s exactly what News Corp has done, ending its 6-year ownership of the sputtering social networking site by selling it for scrap. [More]

Report: News Corp Looks To Give Up Control Of MySpace

Report: News Corp Looks To Give Up Control Of MySpace

Rupert Murdoch’s News Corporation, which bought MySpace and its parent company in 2005 for $580 million, is reportedly looking to lighten the burden of the sinking social networking ship by launching a joint venture with online music site Vevo. [More]

MySpace Made It Really, Really Difficult To Cancel My Account

MySpace Made It Really, Really Difficult To Cancel My Account

If MySpace were a scorned lover, we imagine it would be the kind that would hold onto your foot as you tried to walk away, crying desperately and clinging as you unwillingly dragged it along. Justin B. was done with MySpace, but instead of just accepting the breakup and letting him cancel the account, it flatly refused to believe it was over. [More]

MySpace Expected To Lay Off Half Its Employees

MySpace Expected To Lay Off Half Its Employees

MySpace employees are bracing for a massive bloodletting on the verge of a possible sale. The troubled social networking site is expected to see its 1,100-strong workforce shrink to half its current size by the middle of the month. [More]

Pizza Hut Fires Idiotic Employees For Acting Like Idiotic Domino's Employees

Pizza Hut Fires Idiotic Employees For Acting Like Idiotic Domino's Employees

Looks like Domino’s isn’t the only chain that employs morons who make a public record of their jackassery in the kitchen. Two employees at a Pizza Hut in Pflugerville, TX, find themselves out of work because they not only took lewd photos of themselves messing around at work, but also posted them on MySpace. [More]

Consumers Hate Facebook As Much As Airlines, Cable Companies

Consumers Hate Facebook As Much As Airlines, Cable Companies

Has Facebook’s ongoing foolishness with privacy settings, fine print, and advertising taken its toll on the brand? According to The American Customer Satisfaction Index’s E-Business Report, Facebook scored 64 points out of 100, which puts it in the bottom 5% of private companies, “in the same range as airlines and cable companies.” The one bit of good news for Facebook is that MySpace scored 63 points. [More]