• Tweet News Corp. has sold Myspace for a fraction of its purchase price, bringing the curtain down on Rupert Murdoch’s tie-up with a one-time social networking star that ended up being eclipsed by Facebook. Myspace, which was bought by News Corp. in 2005 for $580 million, was bought by Specific Media, a digital ad-targeting platform, [&hellip

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  • Tweet Telstra Corporation Ltd has confirmed it has reached agreement with the federal government to progressively disconnect its copper network and participate in the rollout of the national broadband network (NBN). Telstra says the agreement will deliver approximately $11 billion in replacement revenue through disconnection payments, and new revenues through payments for access to its [&hellip

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  • Tweet A Facebook fan page dedicated to the site’s creator, Mark Zuckerberg, was hacked Tuesday morning. The hack was relatively benign, only updating a single fake status update as the young billionaire, but was another embarrassing security lapse for a company often criticized for being too open with user data. A status update from Zuckerberg [&hellip

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  • Tweet After growing by 7.8 million new active U.S. users in May, Facebook growth stagnated in June, adding only 320,800 new users. Total number of active U.S. users now stands at 125,000,000. According to Inside Facebook Gold, which offers Facebook data and analysis, it is not unusual to see a saturated country like the U.S. [&hellip

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  • Tweet Many social site users make good use of the voice that the medium provides them to talk about brands, products and services. An April 2010 study by ROI Research commissioned by Performics found that, at least once a week, 33% of active Twitter users share opinions about companies or products, while 32% make recommendations [&hellip

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