Tech Week in Review 4-29-2011
News Corp Sells MySpace for $100 Million News Corp paid $580 million for MySpace back in 2005. It seemed like a good idea at the time, but Facebook has since taken the spotlight. Now, according to The Wall Street Journal, News Corp. is seeking bids for no less that $100 million. Potential buyers include private [...]
Read MoreThe Daily is the First Daily News Publication Created for iPad
Today, Chairman and Chief Executive Officer of News Corporation Rupert Murdoch unveiled The Daily. This is the much-anticipated publication created in cooperation with Apple especially for the iPad. “New times demand new journalism,” said Mr. Murdoch. “So we built The Daily completely from scratch — on the most innovative device to come about in my [...]
Read MoreMySpace Changes Focus to Gen Y
Today, MySpace launches a redesign of the site aimed at attracting younger users and differentiating themselves from Facebook. Once king of social networking, MySpace has had a tough time since Facebook blew up. Now, it’s mostly synonymous with artists and glitter graphics. Some have even called it the ghetto of social networks. MySpace isn’t down [...]
Read MoreMagazine Publishers Team Up for Digital Distribution Venture
On the heels of Time Inc.’s digital magazine concept, some of the biggest names in magazine publishing have teamed up to get with the program and possibly save the industry. According to the press release, Conde Nast, Time Inc., Meredith, Hearst, and News Corporation have joined forces “to develop open standards for a new digital storefront and related technology that will allow consumers to enjoy their favorite media content on portable digital devices.”
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