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Breaking: MySpace Close To Acquiring iLike For $20 Million

MySpace is close to acquiring popular social music service iLike, we've confirmed with multiple sources. The deal, which should close this week, will be MySpace's first acquisition since new CEO Owen Van Natta took control of the company in April 2009.

 

Marines ban Twitter, Facebook, other sites

The U.S. Marine Corps has banned Twitter, Facebook, MySpace and other social media sites from its networks, effective immediately.

 

Report: Social Networks Growing while Other Social Media Sites Stagnate and Decline

Universal McCann has released a new report that looks at the state of social media today. Apparently, this trend is showing no sign of slowing down. In fact, it's still growing. From posting photos to writing blogs, the desire to share has become a universal phenomenon.

 

MySpace Takes Entertainment Tack

News Corp. is planning to position its MySpace unit as a Web site for accessing entertainment and related information, amid tough competition from Facebook.

 

MySpace cyber-bulling conviction tentatively dismissed

A federal judge tentatively throws out guilty verdicts in a hoax that led to a teen girl's suicide.

A federal judge in Los Angeles on Thursday tentatively threw out the conviction of a Missouri woman for her role in a cruel Internet hoax on a teenage girl who ended up committing suicide.

 

Tom from MySpace Gets Paid $1 Million to STFU and Stay Home

Tom from MySpace Gets Paid $1 Million to STFU and Stay Home

While MySpace CEO Chris DeWolfe got the firing squad, your default friend Tom only got a knife to the back. Sorta.

 

MySpace Offers Rock and Jazz Classics

MySpace is luring in older users with free streaming music from Lionel Richie, Neil Young, The Cure and many others..

 

Hiring Of New MySpace CEO Settles Many Old Scores

Hiring Of New MySpace CEO Settles Many Old Scores

MySpace parent company News Corp. continues to leak, off record, that Owen Van Natta is in the final stages of becoming the new CEO of MySpace (one of the more obvious candidates on our list yesterday).

 

MySpace CEO Departure: The Email To Employees

Here's the email that Jonathan Miller, News Corp.'s CEO Digital Medial, sent to all Fox Interactive employees about the departure of MySpace cofounder and CEO Chris DeWolfe. DeWolfe is gone.

 

Miller Close to Taking Over News Corp. Digital Strategy

Former AOL CEO Jon Miller is close to taking a new role overseeing digital strategy at News Corp.

 

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