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]

Facebook Will Be Plagued By 50 Million Zombie Accounts By 2015

Facebook Will Be Plagued By 50 Million Zombie Accounts By 2015

Facebook is so relatively new that deaths of users are somewhat of an anomaly, but a mathematical model reveals that the amount of undead accounts will rise to 50 million within five years. [More]