MySpace.com going under the hammer?
MySpace's parent company to put the former top dog social network up for sale?
Once-great social networking site MySpace is apparently to be sold off, according to its parent company News Corp Digital Media. A spokeswoman for the company confirmed that News Corp is "assessing a number of possibilities, including a sale, a merger and a spinout".
Earlier this week we reported that MySpace was laying off some 500 staff, or just under half of the company's total number of employees.