After teasing a few key advertisers with a short presentation in September, MySpace has debuted its first major product offering under new owners Specific Media. The new MySpace music player launches today with enhanced music recommendations and built-in …

StumbleUpon broke into the top 10 of the most visited social networking sites this past November, exceeding MySpace for the first time ever. This is the first time MySpace has failed to rank in the top 10 social networking sites, according to the stats …

Actress/singer Selena Gomez has invested in Postcard on the Run, as has CrossCut Ventures and a fistful of Silicon Valley names. The company raised $750,000, which is pocket change to the likes of angels Mike Jones (former Myspace chief …

Two-thirds of online adults (66%) use social media platforms such as Facebook, Twitter, MySpace or LinkedIn. These internet users say that connections with family members and friends (both new and old) are a primary consideration in their …

The real Jared Loughner apparently posted a message at 5 a.m. on MySpace, a social networking site owned by FoxNews magnate Rupert Murdoch, saying goodbye and apparently asking for forgiveness for what he was about to do. Loughner did have a MySpace …

There are MySpace bloggers, cellphone users, tweeters, Facebook followers, text messaging fanatics and the list seems to get longer and longer with time. The social options to communicate have changed the art of conversation in a way no one …

A Vancouver school board candidate is taking quite a bit of heat for suggestive photos posted on his social networking pages. Robert Travis said the sexually suggestive photos of young women posted on his Facebook and Myspace pages are a “bad …

Cartoon Network owner Turner Broadcasting Systems has today announced the appointment of former MySpace UK boss Anthony Lukom as its new UK and Ireland general manager. Lukom will lead Turner’s entire portfolio of entertainment channels, including Cartoon …

Amid continued drumbeats that social networking is the future, NewsCorp ( NWS ) divested a majority of its MySpace holdings for pennies on the dollar . Specific Media, a mostly anonymous advertising company, purchased a dominant (95%) stake in the moribund …

Tom’s not anyone’s friend anymore. Myspace, the once illustrious hub of social activity , shameless C-list celebrity boosterism, and a go-to roost for most musical acts, is being sold at a huge loss by parent company News Corp. Just over three years ago …