Yahoo may be considering selling off its stake in joint venture with Japanese Internet giant Softbank. What would it do with the $8 billion?
Continue reading Yahoo May Sell Stake in Japan Joint Venture
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Facebook has won the most customer loyalty, by far, out of all social media sites, according to the latest Brand Keys’s Customer Loyalty Index. The network easily outperformed News Corp.’s MySpace, Twitter and others.
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News Corp. more than doubled its earnings for the fiscal second quarter, the company announced Wednesday. Part of the gain comes from a settlement charge a year earlier, which dampened year-ago earnings on a one-time basis. The…
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…
MySpace, the floundering social network site, may be on the verge of massive layoffs.
Continue reading MySpace May Face Huge Layoffs
MySpace May Face Huge Layoffs originally appeared on DailyFina…