Is Rupert Murdoch About to Unfriend MySpace? News Corp Considers Sale or Spinoff

by Dawn Kawamoto on Jan.13, 2011, under Towing

Social networking pioneer MySpace could find itself going solo again soon. Its owner, News Corp, is considering a potential sale or spin-off of the social network as it looks for a way to stem the tens of millions of dollars in losses it’s taking from the unit, according to a Bloomberg report.

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Is Rupert Murdoch About to Unfriend MySpace? News Corp Considers Sale or Spinoff originally appeared on DailyFinance on Thu, 13 Jan 2011 10:12:00.

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