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Posts Tagged ‘News Corp.’

MySpace Axing Employees: Will That Help?

Posted by Vaibhav Kalamdani on June 18, 2009

myspace layoffNews about MySpace pruning a third of its workforce has spread like fire over the Web. The News Corp. owned social networking site is handing over pink slips to 400 people in a bid to restructure the company and revive innovation. The growing competition from Facebook and other rivals clearly seems to be getting on MySpace – the once leading social networking site in US – now dethroned by Mark Zuckerberg’s Facebook.

MySpace realized that its staffing levels were bloated, which hindered its ability to be an efficient and nimble team-oriented firm, according to MySpace CEO Owen Van Natta. The company is aiming at returning to an environment of innovation that is centered on its user and product. Read the rest of this entry »

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MySpace and Fox News Join Hands to Support Citizen Journalism

Posted by Vaibhav Kalamdani on April 21, 2009

myspace-fox-newsWith citizen journalism becoming a popular activity over Web (thanks to social media), MySpace invited its users to be a part of the activity by becoming volunteer ‘uReporters’. All that the users would need to do is supply news, images or videos that can be used at MySpace and Fox News Channel, a subsidiary of News Corp.

MySpace, which is also owned by Rupert Murdoch’s News Corp., launched this feature in collaboration with Fox News to showcase journalism generated and contributed by common people. Citizen journalism works on the principle of collecting, reporting, analyzing and disseminating news and information by average citizens. Read the rest of this entry »

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