Today's sale of MySpace highlights the decline of the social media site that Facebook left in its dust.News Corp., which acquired the site several years ago for $580-million (U.S.), sold it today for about $35-million to Specific Media, an ad firm, reports say.MySpace was once wildly popular, but, according to The New York Times, advertisers abandoned it along with its users. Its revenues this year are expected to be just more than $180-million, well below its peak of $605-million.But everyone acknowledges that MySpace was a pioneering venture that brought many to social networking.
March 9, 2015
Latino employees are the fastest-growing segment of the U.S. workforce – in fact, by some estimates one in three working …Sponsored By Aflac
Kelly McCausey is used to functioning as the small business equivalent of a one woman show. Her Website SoloSmarts.com … MoreMore Contributors