Myspace Users are More Open-Minded, Study Says

"People who regularly visit Myspace tend to be more open-minded, according to a study released Thursday."

MySpace Loses Millions of Users in a Few Weeks

"Tech industry analysts comScore say figures show MySpace lost more than 10 million unique users worldwide between January and February."

MySpace Laying Off Nearly Half of its Global Staff

"Struggling entertainment site MySpace says it is cutting 47 percent of its staff worldwide, or about 500 people."

Myspace Concedes to Facebook, Changes Focus

"Myspace, once a leader in social networking before the ascendancy of Facebook, is trading its social networking focus to target the music, celebrities, movies, television, and games that Gen-Y'ers love the most."

MySpace Sharing User Info With Advertisers

"Days after Facebook disclosure, the second largest social media site is found committing the same privacy breach."

Twitter Now Getting More Traffic Than MySpace

"Though it ranked third among social networking sites, Twitter ranked #50 in the list of top 50 properties overall. The numbers were crunched by the marketing research firm comScore."

Divorce Lawyers: Facebook Tops in Online Evidence in Court

"The American Academy of Matrimonial Lawyers says 81% of its members have used or faced evidence from Facebook, MySpace, Twitter and other social networking sites, including YouTube and LinkedIn, over the last five years."

FBI Uses Phony Profiles on Social Networks

"The FBI and other federal agencies are going undercover on Facebook, LinkedIn, MySpace and other social networks with phony profiles to gather information and communicate with suspects, according to an internal Justice Department document."

MySpace Readies Site Overhaul to Rekindle Growth

"With shrinking audiences, deep layoffs and two management shake-ups, MySpace, the one-time leader in Internet social networking, has had a rocky year."

MySpace to Cut Two-Thirds of Global Work

"MySpace, the social networking website owned by Rupert Murdoch's News Corp, said on Tuesday it plans to cut about two-thirds of its international workforce and close at least four of its offices outside the United States. The proposed restructuring plan would reduce MySpace's international staff to about 150 people from 450, the company said in a statement."

How MySpace Lost Its Crown

"MySpace was overtaken by Facebook for the first time last month and without some serious innovation, Rupert Murdoch's big buy may end up joining Friendster in the ranks of the also-rans, Dawn Chmielewski and David Sarno write in the Los Angeles Times. The world of social networking moves at an unforgiving pace, the two note, and MySpace has been playing catch-up instead of leading, as its own initiatives tanked."