MySpace CEO Mike Jones acknowledged in an e-mail to the company that he would stay on board for two months before departing, mostly to oversee “a series of restructuring initiatives” that includes “a significant reduction” in the company’s workforce. more
News: Dirty Digger loses a packet on MySpace
Myspace sells for 35 million... it sold for 580 million back in 2005! MySpace has been sold to advertising firm for $35 million.
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