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Posts Tagged ‘ Myspace ’

Former MySpace CEO Michael Jones launches $30M VC fund to back Indian mobile startups

Monday, July 20, 2015 | More »

Michael Jones
Michael Jones, former chief executive of MySpace, is raising a $30 million (Rs 190 crore ) venture capital fund named Science India Fund to invest in early-stage startups that are building mobile phone applications, The Hindu reported. He expects to close the fund in a few months. The fund is floa...


Softbank To Quit Myspace In Japan

Softbank Corp will quit its domestic social networking site business after just five years, liquidating a joint venture with Rupert Murdoch’s News Corp for the Japanese-language version of Myspace, the Nikkei business daily reported. The 50-50 joint venture with U.S. media group News Corp will...

23 December, 2011 | More »

Google+ Traffic Surges, Closes In On MySpace, Linkedin

Google+ is still no Facebook, Twitter or even MySpace, but its decision to open its services to all users is already paying dividends. Experian Hitwise, a market research company, reports that the site’s market share in the social media world increased 1,269 percent last week. Yes, you read th...

28 September, 2011 | More »

News Corp Sells Myspace, Ending Six-year Saga

News Corp has sold Myspace for $35 million, a fraction of what it paid for the once-hot social media site even as a new generation of Web-based start-ups is enjoying sky-high valuations. Advertising company Specific Media will team with the singer Justin Timberlake to acquire Myspace in a deal that ...

30 June, 2011 | More »

Kotick In Final Talks To Buy Out Myspace

An investor group including Activision Blizzard Chief Executive Officer Bobby Kotick is in final talks to take a controlling stake in News Corp’s social network site Myspace, according to three people familiar with the matter. Kotick’s involvement is personal and nothing to do with Activ...

10 June, 2011 | More »