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]

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]