samzenpus from the deal-of-the-century dept.
tripleevenfall writes "Ad-targeting firm Specific Media has agreed to buy News Corp.'s struggling social-media site Myspace. The deal for $35 million is well below the $100 million News Corp. was seeking for the troubled social-media site. The deal involves considerably more equity for News Corp. than cash and they will retain a small stake in the site, according to a person familiar with the matter."
Riches: A gift from Heaven signifying, "This is my beloved son, in whom I
am well pleased."
-- John D. Rockefeller, (slander by Ambrose Bierce)