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MySpace Potential Sale Under Scruitiny By CEO

         

engine

8:30 pm on Nov 29, 2010 (gmt 0)

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MySpace Potential Sale Under Scruitiny By CEO [reuters.com]
News Corporation (NWSA.O) Chief Operating Officer Chase Carey said his company is open to a sale of the beleaguered site MySpace although they are pleased with its new direction as a social entertainment destination.

A sale or partnership are two of a number of options the company would consider for the once valuable social network site, before being usurped by Facebook.

rogerd

12:20 pm on Dec 3, 2010 (gmt 0)

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That's certainly one acquisition that has gone from "dumb" to "genius" to "dubious."