Tagged ‘MySpace’

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Catch-up time! As another week draws to a close, it’s time to recount the best stories to have hit Electricpig this week. This weekend we have the latest on the Nintendo 3DS TV service tipped to arrive soon, the latest new Xbox developments, a glimpse of the Nokia N9, a first look at Olympus’ new Pen E-P3 Micro Four Thirds range, and much more.
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It’s nearly time to chow down on some well-earned lunch, but before you do, check out what’s happened today in the world of tech. We’ve got it all right here, in our news round-up.

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Myspace sold for $35m Myspace sold for $35m

MySpace-Logo

The former vanguard of social networking has been sold for just $35m, a fraction of its once valued $12bn, and low even compared to when News Corporation bought it out for $580m six years ago.

So who’s bought it? Where does Justin Timberlake fit into all this? And what can you expect for its future? Read on for more.

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With CES 2011 having recently taken place, we’ve been stuffed to the brim with enough tech news to warrant a health warning. But what about all the latest news away from the Las Vegas Convention Centre? Not to worry. We’ve got that covered too. Read on for some of the best non-CES 2011 bits you may have missed this week.

In our latest news roundup we’ve got word on the Nintendo 3DS and its purported battery life, more iPad 2 camera rumour, the beginning of the end for a former social-networking favourite, PSP 2 and more.

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It’s curtains for MySpace, at least as we know it. Earlier in the week MySpace announced there would be a 47 per cent layoff of its staff, and now News Corp has announced that it’s looking at the options for a sale of MySpace.

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US Update: Verizon iPhone 4, Porsche, iOS 4.3, MySpaceThe tech world was rocked this morning when Verizon Wireless and Apple finally consummated the marriage, rumored for more than a year. In today’s morning wrap up of all things tech, better known as the US Update, we cover everything from an underground parking garage to the latest on the MySpace job cuts — lets go!

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MySpace looks for profit: cuts global workforce in halfIt’s a tough road for social networking websites amidst the success of Facebook. MySpace in particular, has seen the devastating impact a more polished and arguably more intuitive social network can have on the competition. Today, MySpace is looking to cut 500 positions, a reduction of 47 percent of its global workforce.

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MySpace: artist exodus imminent?

MySpace unveiled the latest of its new looks today but is that simply too late? Akira The Don, friend of Electricpig and self-made musical phenomenon (alright, that was a bit of sucking up – we want our own theme song) has quit MySpace with a biting blog post and even harsher video which you can see if you click through. If a man with 7000 friends and at least one song on 500,000 plays has bugged out, what hope has MySpace got?

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