Yahoo, Mike Jones | featured news

News Corp. Unloading MySpace. So What's It Worth? A Timeline

News Corp. Unloading MySpace. So What's It Worth? A Timeline

News Corp. isn’t ready to pull the plug on MySpace just yet, but it is prepared to cut the cord. CEO Mike Jones told employees yesterday that the media conglomerate is “exploring strategic options” for the past-its-prime social network. That could mean a sale, a merger (Yahoo could be a candidate) or a spinoff. The last scenario is the most likely, reports The Wall Street Journal.

 

Subscribe to this RSS topic: Syndicate content