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]
deadweight
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Facebook Will Be Plagued By 50 Million Zombie Accounts By 2015
By Phil Villarreal 11.19.10
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]