Topic: Specific Media Inc.
All Content
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Will music resurrect Myspace?
As Myspace reinvents itself, the social network aims to be nexus for bands and fans.
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Facebook IPO: Are users really worth $125 each?
The Facebook IPO suggests that the social network's 800 million users are worth $100 billion. What role will Facebook's audience play as the mega giant files what could become one of the largest IPOs of all time.
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Horizons
Murdoch on MySpace: We "screwed up" in the race against FacebookRupert Murdoch today admitted that News Corp dropped the ball when it came to MySpace.
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Horizons
After $35 million sale, MySpace is now an advertiser's spaceMySpace, once the king of the social media heap, has been sold for a price unthinkable just a few years ago.
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MySpace finally sold for some $35 million
MySpace, a struggling competitor to Facebook, is bought by ad network Specific Media. The $30 million to $40 million price for MySpace is less than what News Corp. had hoped to sell it for.
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MySpace expected to be sold within 2 days
MySpace has been troubled ever since the rise of Facebook. News Corp bought MySpace expecting revenues of $1 billion per year, but is now looking to sell it for less than $100 million.
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