Myspace has been sold for $35mil

After News Corp declared they were going to put Myspace up for sale in February, a deal has finally been struck with an Ad agency, Specific Media.

However at a measley $35 million Newscorp stands to take a massive loss after it bought Myspace from its previous owners for $580 million.

I suspect Mark Zuckerberg, co-founder of Facebook has a plan to counter the next Facebook ;something MS failed to do and is paying dearly for it.

dk

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