Tag Archives: News Corp

Google and MySpace Make A New Ad Deal

New MySpace Logo
Google Inc. (NASDAQ:GOOG) and News Corporation (NASDAQ:NWSA) has struck an advertising deal. This ad deal is a renewal of the $900 million deal that the two companies had that expired this past fall. But the terms are much different than before.
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MySpace President Mike Jones Promoted To CEO


News Corporation has announced that MySpace President Mike Jones has been promoted to CEO. His replacement will be MySpace Chief People Officer Dustin Finer. Before joining MySpace, Mike Jones founded a company called Userplane and sold it to AOL. Below is the full press release:
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News Corp. Is Acquiring 90% Of Wireless Generation For $360 Million


News Corporation (NASDAQ:NWS) is acquiring 90% of Wireless Generation for $360 million in cash. Wireless Generation is a Brooklyn based company that creates education technology for teachers. Wireless Generation will continue to operate independently after the acquisition. Wireless Generation has about 400 employees and they server over 200,000 teachers. About 3 million students use Wireless Generation in all 50 states. Rupert Murdoch said that they are making the purchase because education in the U.S. is a $500 billion sector. [paidContent]

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MySpace Now Lets You Pull In Facebook Interests


Myspace.com has announced that they have created a partnership with Facebook called Mashup. Mashup allows MySpace users to create a stream of entertainment content based on their Facebook interests.
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The Rubicon Project Acquires Fox Audience Network


The Rubicon Project is an ad optimization company based in Los Angeles, California. The company has raised $18 million in funding and they acquired the Fox Audience Network (FAN). After this round of funding, it brings The Rubicon Project’s total funding to $60 million.
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The New MySpace Launches [SCREENSHOTS]


MySpace is relaunching a new design of their website today and is rebranding themselves with a new logo. The complete redesign will not be live until the end of November but there are screenshots of the new look floating around. MySpace is trying to appeal to the 13-35 year old audience and is aiming to become “the leading entertainment destination that is socially powered by the passions of fans and curators.” MySpace currently does not have the best reputation as of right now so I could see why they have a high interest in overhauling their entire look. Check out the screenshots below:
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MySpace and Applications Transmitted User Data To Ad Companies


News Corporation (NASDAQ:NWSA) social network MySpace.com is in the center of controversy after it was revealed that user data has been leaked to advertising companies. The user data was sent primarily by MySpace when users clicked on ads.
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Twitter Hires Adam Bain As President of Revenue


Micro-blogging company Twitter has hired Adam Bain to be the head of their revenues department. Adam Bain will be reporting to Twitter COO Dick Costolo.
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Hulu Considers An IPO


Video streaming service Hulu.com is considering an IPO. Hulu is expected to have a valuation of $2 billion if they were to go public now. Hulu execs have already started working with investment banks about the possibilities.
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MySpace Gets New Profile Layouts


MySpace now has completely redesigned profile pages. The new features of the MySpace profiles pages include a new left-hand navigation, a focus on the stream, and the ability to follow users on Twitter and Facebook. What are your thoughts on the new MySpace profiles? Let us know in the comments. [Mashable]

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