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News Corp

Specific Media buys Myspace for $35 million, cutting staff by 50%

June 29th, 2011

According to AllThingsD Specific Media has acquired Myspace from News Corp. for $35 million. Reportedly, Myspace’s CEO, Mike Jones, will remain for “an interim period,” and the social network will lay off half of its staff, or about 200 people. Myspace, which has seen a sharp decline in traffic over the years since it was …

Magazines hit Android Market with new apps from Next Issue Media

May 18th, 2011

You no longer need an iPad to purchase and read some of your favorite magazines on a tablet. On Wednesday Next Issue Media — an independent media venture founded by Conde Nast, Hearst Corporation, Meredith, News Corp. and Time Inc. — released an early build of its new Android publishing platform. It’s home to popular …

‘The Daily’ hits the Web – unofficially

February 4th, 2011

Mr. Murdoch et al. took the wraps off of News Corp’s The Daily at a press conference on Wednesday. The gist of the new digital publication is that it’s a daily newspaper built for the iPad that offers original content and immersive, interactive features. Sounds cool. But what about the majority of the world, which still finds itself …

News Corp announces ‘The Daily’

February 2nd, 2011

News Corp’s iPad-only newspaper The Daily is finally official and we couldn’t be happier to put this drawn-out ordeal behind us. News Corp CEO Rupert Murdoch was on hand at a press conference on Wednesday to introduce his new pride and joy, and details are as follows: The Daily, as one might assume, will ba …

Apple and News Corp will announce ‘The Daily’ on February 2nd

January 27th, 2011

It looks like all the rumors, hearsay and hype can finally be put to bed. Apple and News Corp will hold a press conference next week to unveil News Corp’s iPad-only newspaper, “The Daily.” News Corp boss Rupert Murdoch will likely do the honors, and Apple VP Eddie Cue will be on hand to detail Apple’s …

Myspace may lay off half its staff

January 1st, 2011

Horrible news comes from AllThingsD’s NetworkEffect blog Friday morning, as rumors of massive layoffs sullied New Year’s Eve for a social networking pioneer. Myspace may soon find itself full of open space following the dismissal of as much as half of its staff, according to the report. Owned by News Corp., Myspace currently employs 1,100 …

UK’s Guardian tips iOS subscription service?

December 2nd, 2010

Did the UK-based paper Guardian just tip Apple’s rumored iOS subscription service? In a post today, the Guardian acknowledged some of the frustrations users of its iOS application are having. After issuing its mea culpa, the publication went on to note that it will be releasing a new and improved application, one that will right …

Disney to bring new content to Hulu?

March 29th, 2009

Hulu may be getting a healthy dose of new programming content courtesy of Disney. According to sources close to the situation, Hulu and Disney are in serious negotiations to bring Disney programming to the online video portal. The talks reportedly focus on ABC programming content which include the popular TV series  Desperate Housewives and LOST, …