Tag: News Corp.
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Myspace sold, Justin Timberlake part of buying group
The former king of social networking, Myspace is going to be sold to advertising firm – Specific Media. The cost? $35 million. To appreciate that cost, there are a few things that must be known: -News Corp. boutht the site in 2005 for $580 million (News Corp owns the likes of Fox, Fox News, Fox…