MySpace CEO Mike Jones says the cuts were "tough but necessary." MySpace has in recent years consistently lost ground to Facebook and Twitter.
The past year has produced some of the most intriguing business deals of the decade, which boosted (or sunk) the fortunes of CEOs and shareholders alike. Perhaps the most relevant question, however, is what impact these transactions will have on consumers? Here are the Top 5 deals of 2010 that, for better or worse, will change the way you spend your money.
MSNBC host Keith Olbermann will be back on the air Tuesday, but the distinctions between news and political organizations continue to blur.
MSNBC host Keith Olbermann contributed to three Democratic candidates during the 2010 elections.
The Dish Network Corp. has agreed to undisclosed financial terms with News Corp.'s Fox, allowing Dish customers to continue watching the World Series, FX, and the National Geographic Channel. Areas such as New York have experienced a Fox blackout since Oct. 14, while other regions have had to endure since Oct. 1.
Fox blackout: In preparation for an extended blackout, Cablevision e-mailed its customers Wednesday saying it will reimburse them $10 to cover the cost of paying to watch the games online through MLB.com.
Cablevision made a last-ditch offer to Fox Wednesday to lift a blackout that threatens to keep 3 million of its customers from watching the World Series.
News Corp., the parent company of Fox News, has donated $1 million each to the Republican Governors Association and the US Chamber of Commerce, both of which work to defeat Democrats.
Hulu Plus, which launched as an invitation-only service in June, lets people watch current and back episodes from more than 45 shows from ABC, NBC and Fox.
'Wall Street: Money Never Sleeps' brought in $19 million this weekend. It edged ahead of the children's 3-D fantasy film 'Legend of the Guardians,' but Guardians may have longer legs.