Is News Corp. ready to ditch MySpace?
MySpace has had a rough couple of years. Though it was once considered the leading social network, it has been trailing in the shadows of Facebook and Twitter for quite some time. Earlier this week the site announced the downsizing of its workforce. The move saw 47 percent of MySpace staff laid off. However, it seems News Corp. may have more than just fat-trimming on the cards for MySpace.
